Question
When the OIP (optimal international portfolio) is measured by local currency, the U.K. is included. While the OIP is measured by the U.S. dollar, the
When the OIP (optimal international portfolio) is measured by local currency, the U.K. is included. While the OIP is measured by the U.S. dollar, the U.K. is not included On the contrary, the Swiss marke is not included in the local currency OIP, bu it is included in every national Investor's optimal portfolio Can you explain why?
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
10th Edition
538482109, 1133711774, 538482389, 9780538482103, 9781133711773, 978-0538482387
