frontier markets in global equity portfolio diversification is clearly less examined. We contribute to the existing literature …

crisis by evaluating the potential benefits of international diversification in the search for ‘safe havens’. We use stock … Colombia we speculate that this reveals the impact on world financial markets of the demand for cocaine. …

diversification strategies. The results show that financial integration essentially goes through the effect of the world market … international financial integration and on the expected gains of international diversification strategies. The sample consists of 4 … developed markets in addition of the world market portfolio. The study period lasts between January 1988 and December 2015. This …