TITLE

Globalization Reshaping World's Financial Markets

AUTHOR(S)
Banz, Rolf; Clough, Sarah
PUB. DATE
April 2002
SOURCE
Journal of Financial Planning;Apr2002, Vol. 15 Issue 4, p72
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Globalization is clearly a growing influence on financial markets. Pension plans are already moving toward greater exposure to international equities and we can expect this trend to further intensify, particularly as many of the most influential consultants are fervently advocating a global approach. The risks involved with holding a significant proportion of assets in domestic equities are becoming more of a concern. There are also a number of obstacles--such as inadequate disclosure of economic and financial data and poor corporate governance--that we need to overcome to achieve a truly global financial market. Nonetheless, the integration of the global marketplace is a powerful theme for both businesses and investors
ACCESSION #
6510106

 

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