Kaminsky, Graciela L.; Lyons, Richard K.; Schmukler, … - 2001
have become important contributors to financial market integration, little is known about their investment allocation, and … analyzing data at the level of both investors, and fund managers. Among their findings: Equity investment in emerging markets … than domestic U.S. funds and world funds. When investigating abroad, U.S. mutual funds invest more in equity than in bonds …