The cross-section of industry equity returns and global tactical asset allocation across regions and industries
(2020)
Journal Article
Umutlu, M., & Bengitöz, P. (2020). The cross-section of industry equity returns and global tactical asset allocation across regions and industries. International Review of Financial Analysis, 72, Article 101574. https://doi.org/10.1016/j.irfa.2020.101574
This study investigates which index characteristics predict returns in the cross-section of local industry indexes in six regions. The results show that geographical origin and market capitalization of indexes critically determine the predictive abil... Read More about The cross-section of industry equity returns and global tactical asset allocation across regions and industries.