Recent policy discussion includes the introduction of diversification requirements for sovereign bond portfolios of … European banks. In this paper, we evaluate the possible effects of these constraints on risk and diversification in the … analysis. We then analyse the risk and diversification in the sovereign bond portfolios of the largest European banks and …

Recent policy discussion includes the introduction of diversification requirements for sovereign bond portfolios of … European banks. In this paper, we evaluate the possible effects of these constraints on risk and diversification in the … analysis. We then analyze the risk and diversification in the sovereign bond portfolios of the largest European banks and …

investigates whether international diversification and home bias inertia are substitutes or complements. More specifically, we …, including both emerging and major markets. Results from the MVPO show that a domestic diversification strategy performs better … for any risk level up to 0.5%, whereas international diversification performs better for any risk level higher than 0 …