Chong, James; Lim, Chow Kiat; Chia, Ee Toh - In: Journal of Interdisciplinary Economics 8 (1997) 3, pp. 177-185
This study examines the degree of diversification of the funds in Singapore. The R-square statistic was employed as a measure for the degree of diversification. The findings generally indicated that the local funds were not well-diversified. Various explanations are given to account for this low...