The returns from international investment involve returns from not only the asset, but also the return from the exchange rate fluctuations. This means that investors from different countries have the potential to earn different returns from the same investment strategy. The change of numeraire...

This paper analyses the conditions for sino-Australian joint ventures, assesses those likely to be most suitable and retionalises the characteristics of existing joint ventures in the Peoples's Republic of China. Due to differing social systems and cultures between the West and the PRC Western...

This paper examines whether there is evidence of persistence in the performance of a subset of Australian investment funds, namely, Rollover Funds. Four categories of funds are examined: fixed interest; multi-sector yield; multi-sector balanced; and multi-sector growth. This study extends the...