Measuring non-US. equity portfolio performance

摘要: The most widely used international return indexes are the Capital International Perspective (CIP) Indexes published in Geneva, Switzerland by S.A.’ advantages of CIP are: 1. uniformity calculation method and base date allow easy accurate comparison among various indexes. 2. back, cases, to 1959, creating an extensive database for research analysis. 3. provides industry allowing a industrial trends across national stock markets. 4. separation into local currency dollar-adjusted returns allows explicit evaluation impact movements on risk non-U.S. main drawback data is limited varied quality depth market coverage. As December 31, 1983, companies included ”World Index” accounted 59.9%