Impact of foreign exchange risk on investment portfolio performance in Latin American stock indexes
DOI:
https://doi.org/10.3846/bm.2016.15Keywords:
exchange rates, financial crisis, stock indexes, volatility and correlation coefficient, forex, financial marketsAbstract
his article aims to analyze whether investing in international assets, and fluctuations in their own currencies, allow the possibility of structuring diversified investment portfolios that would not only maximize the expected return, but also minimize risk. For this,it is evaluated the impact of currency risk on the profitability of investment portfolios in the stock indexes in Argentina, Brazil, Chile, Colombia, Mexico and Peru from the point of view 6 investors (one American and five located in each of these countries) during the period 2002–2014.
Downloads
Published
2016-01-01
Conference Event
Section
Financial Engineering
Copyright
Copyright (c) 2016 The Author(s). Published by Vilnius Gediminas Technical University.
License
This work is licensed under a Creative Commons Attribution 4.0 International License.
