Reward for Risk in Emerging Equity Markets?
May 29, 2012 - Volatility Effects
Should investors focus on relatively wild (high-volatility) or tame (low-volatility) stocks in emerging stock markets? In their April 2012 paper entitled “The Volatility Effect in Emerging Markets”, David Blitz, Juan Pang and Pim van Vliet examine the empirical relationship between risk and return in emerging equity markets. At the end of each month, they form equally-weighted quintile… Keep Reading