FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W2969891844> ?p ?o ?g. }

• W2969891844 endingPage "78" @default.
• W2969891844 startingPage "74" @default.
• W2969891844 abstract "This investigation uses an ex ante 'buy the market' investment strategy to compare the risk-return characteristics of a South African portfolio with an internationally diversified portfolio representing 18 countries during the 1969 - 1983 period. Without taking differences in risk into consideration, the international portfolio, on average, produced slightly higher annual returns. Furthermore, the South African portfolio produced very erratic returns in comparison with the steady returns attained by the international portfolio. The results also demonstrate the ability of international portfolios to maximize the long-term rate of return, even though many year-by-year returns may be less than the returns from domestic portfolios. The international portfolio has a relative performance which is 3,0387 times that of the South African portfolio when the actual risk associated with the two portfolios are taken into consideration. An international portfolio containing goldmining shares is able to attain relatively high returns without adding to the overall portfolio risk. By contrast a South African investor holding goldmining shares bears a large element of risk which is not diversifiable because of exchange control restrictions. The results of this investigation provide a strong case for international portfolio diversification by South African investors. Furthermore, South African investors are bearing a high cost for the inability to attain effective diversification as a result of exchange control regulations. In view of the public policy implications of foreign security investments, representations should be made to the authorities with the objective of expediting exchange control reform in South Africa.Hierdie ondersoek gebruik 'n ex ante 'koop-die-mark'-belegginstrategie ten einde die risikoopbrengseienskappe van 'n Suid-Afrikaanse portefeulje met 'n internasionaalgediversifiseerde portefeulje verteenwoordigend van 18 lande gedurende die 1969 - 1983 periode, te vergelyk. Sonder inagneming van risikoverskille, blyk dit dat die internasionale portefeulje gemiddeld hoer jaarlikse rendemente gehad het. Boonop het die Suid-Afrikaanse portefeulje wisselvallige opbrengste gelewer in vergelyking met die stabiele opbrengste verkry deur die internasionale portefeulje om langtermyn-opbrengskoerse te maksimeer, selfs al blyk jaar-vir-jaar-opbrengste minder te wees as met huishoudelike portefeuljes. Wanneer die werklike risiko's betrokke in die twee portefeuljes in aanmerking geneem word, was die relatiewe vertoning van die internasionale portefeulje 3,0387 keer die van die Suid-Afrikaanse portefeulje. 'n internasionale portefeulje met goudaandele is in staat tot relatief hoe opbrengste sonder die toevoeging van die algehele portefeuljerisiko's. In teenstelling hiermee, moet die Suid-Afrikaanse belegger 'n redelike groot risiko-element self akkommodeer aangesien wisselkoersbeheerbeperkings diversifikasie uitskakel. Die resultate van hierdie ondersoek verskaf 'n sterk basis vir Suid-Afrikaanse beleggers om betrokke te raak in internasionale portefeuljediversifikasie. As gevolg van wisselkoersbeheermaatreels, moet die Suid-Afrikaanse belegger ook nog die hoe koste vir die onvermoe om effektiewe diversifikasie te inisieer, absorbeer. In die lig van die openbarebeleid-uitkomste van buitelandse sekuriteitsbeleggings, behoort die owerhede versoek te word om bestaande wisselkoersbeheermaatreels spoedig in heroorweging te neem." @default.
• W2969891844 created "2019-08-29" @default.
• W2969891844 creator A5064087309 @default.
• W2969891844 date "1987-06-30" @default.
• W2969891844 modified "2023-09-29" @default.
• W2969891844 title "The benefits to South African investors from international portfolio diversification using an ex ante investment strategy" @default.
• W2969891844 doi "https://doi.org/10.4102/sajbm.v18i2.1002" @default.
• W2969891844 hasPublicationYear "1987" @default.
• W2969891844 type Work @default.
• W2969891844 sameAs 2969891844 @default.
• W2969891844 citedByCount "2" @default.
• W2969891844 crossrefType "journal-article" @default.
• W2969891844 hasAuthorship W2969891844A5064087309 @default.
• W2969891844 hasBestOaLocation W29698918441 @default.
• W2969891844 hasConcept C103144560 @default.
• W2969891844 hasConcept C106159729 @default.
• W2969891844 hasConcept C122251271 @default.
• W2969891844 hasConcept C139719470 @default.
• W2969891844 hasConcept C144133560 @default.
• W2969891844 hasConcept C162324750 @default.
• W2969891844 hasConcept C162853370 @default.
• W2969891844 hasConcept C169549615 @default.
• W2969891844 hasConcept C175444787 @default.
• W2969891844 hasConcept C180916674 @default.
• W2969891844 hasConcept C181308471 @default.
• W2969891844 hasConcept C183582576 @default.
• W2969891844 hasConcept C202655437 @default.
• W2969891844 hasConcept C2778348673 @default.
• W2969891844 hasConcept C2780821815 @default.
• W2969891844 hasConcept C50787887 @default.
• W2969891844 hasConcept C556758197 @default.
• W2969891844 hasConceptScore W2969891844C103144560 @default.
• W2969891844 hasConceptScore W2969891844C106159729 @default.
• W2969891844 hasConceptScore W2969891844C122251271 @default.
• W2969891844 hasConceptScore W2969891844C139719470 @default.
• W2969891844 hasConceptScore W2969891844C144133560 @default.
• W2969891844 hasConceptScore W2969891844C162324750 @default.
• W2969891844 hasConceptScore W2969891844C162853370 @default.
• W2969891844 hasConceptScore W2969891844C169549615 @default.
• W2969891844 hasConceptScore W2969891844C175444787 @default.
• W2969891844 hasConceptScore W2969891844C180916674 @default.
• W2969891844 hasConceptScore W2969891844C181308471 @default.
• W2969891844 hasConceptScore W2969891844C183582576 @default.
• W2969891844 hasConceptScore W2969891844C202655437 @default.
• W2969891844 hasConceptScore W2969891844C2778348673 @default.
• W2969891844 hasConceptScore W2969891844C2780821815 @default.
• W2969891844 hasConceptScore W2969891844C50787887 @default.
• W2969891844 hasConceptScore W2969891844C556758197 @default.
• W2969891844 hasIssue "2" @default.
• W2969891844 hasLocation W29698918441 @default.
• W2969891844 hasLocation W29698918442 @default.
• W2969891844 hasOpenAccess W2969891844 @default.
• W2969891844 hasPrimaryLocation W29698918441 @default.
• W2969891844 hasRelatedWork W1122375655 @default.
• W2969891844 hasRelatedWork W1967119584 @default.
• W2969891844 hasRelatedWork W2086850234 @default.
• W2969891844 hasRelatedWork W2099655985 @default.
• W2969891844 hasRelatedWork W2188214718 @default.
• W2969891844 hasRelatedWork W2969891844 @default.
• W2969891844 hasRelatedWork W3125313428 @default.
• W2969891844 hasRelatedWork W4304815526 @default.
• W2969891844 hasRelatedWork W2994207491 @default.
• W2969891844 hasRelatedWork W3015925276 @default.
• W2969891844 hasVolume "18" @default.
• W2969891844 isParatext "false" @default.
• W2969891844 isRetracted "false" @default.
• W2969891844 magId "2969891844" @default.
• W2969891844 workType "article" @default.