Ávinningur af erlendri fjárfestingu í tæpa þrjá áratugi

Erlend verðbréf, sem skráð eru í kauphöll, bæta sögulegt hlutfall ávöxtunar og áhættu fyrir íslenska fjárfesta, eins og t.d. lífeyrissjóði. Sé áhætta mæld með staðalfráviki, bætir erlenda fjárfestingin hlutfallið um 34% samanborið við innlent verðbréfasafn. Nánar tiltekið hækkar meðalávöxtun umfram áhættulausa vexti um 0,93 prósentustig (úr 2,76 í 3,70%) miðað við hagkvæmasta safn með 10% staðalfrávik en slíkt safn er með sambærilega áhættu í erlendum áhættusömum skuldabréfum eins og erlendum hlutabréfum. Óskráðar erlendar eignir bæta þetta hlutfall enn frekar en töluverð óvissa ríkir um það mat. Líkur á öfgakenndri ávöxtun (reisn) minnka umtalsvert við erlenda eignadreifingu.

• Publication year

  2023

• Venue

  Tímarit um viðskipti og efnahagsmál

• Publication date

  2023-06-26

• Fields of study

  Not labeled

• Identifiers
  DOI 10.24122/tve.a2023.20.1.1
• External record

  Open on Semantic Scholar

• Source metadata

  Semantic Scholar

• No claims are published for this paper.

• No concepts are published for this paper.

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