International Diversification: The Weighting Is the Hardest Part (Digest Summary)
Increasing international trade is leading to more correlation among the markets in developed countries. The authors propose a different international asset allocation strategy that reduces the impact of correlation among developed markets by including more developing markets.
Johnson, Robert and Braymen, Charles, "International Diversification: The Weighting Is the Hardest Part (Digest Summary)" (2015). Faculty Publications. 455.