Advances In International Investments: Traditional And Alternative Approaches Traditional and Alternative Approaches

The globalization of financial markets has led to an integrated world market. Emerging economies such as China and India have opened up their markets to foreign investors. New instruments such as exchange-traded funds are being created, and current instruments are being expanded to include real asset investments such as natural resources and real estate investments. To better understand the full range of investments available, this book identifies different asset classes and current hot topics such as new financial instruments, innovations, and strategies in a changing global environment. Asset class, which can be labeled as either traditional or alternative investments, is examined in three areas: (1) trends -- description of the current topic/instrument/strategy in the chosen asset class; (2) opportunities -- identification of what is new and/or where to invest or arbitrage, i.e., location; and (3) risks -- determination of the risks (peculiar to the location) and how international investors can manage/reduce/eliminate them. Contents: General Issues of International Investments: International Investment: Current State and Challenges from the US Perspective (H-G Fung et al.); Socially Responsible Investing: Growth and Development in International Financial Markets (S A Law & J Yau); Traditional Investments: Global Equity Investments and Analysis (L T W Cheng); Exchange-Traded Funds (Y-M Tse); Global Fixed Income Markets and Portfolio Management (X-Q E Xu); Alternative Investments: Hedge Funds (J Yau & G K Yeung); International Real Estate (G A Patterson); Global Perspectives on Venture Capital and Private Equity (X-Q E Xu); Managed Futures (A Ates & G H K Wang); Derivatives: Credit Derivatives: Trends, Challenges and Opportunities (G-Y Zhang); Currency Derivatives and Emerging Market Currencies: Strategies, Perspectives, and Trends (A L Loviscek). Pt. I. General issues of international investments. ch. 1. International investment: current state and challenges from the US perspective / Hung-Gay Fung, Xiaoqing Eleanor Xu and Jot Yau. ch. 2. Socially responsible investing: growth and development in international financial markets / Sheryl A. Law and Jot Yau -- pt. II. Traditional investments. A. Global equity investments. ch. 3. Global equity investments and analysis / Louis T.W. Cheng. ch. 4. Exchange-traded funds / Yiuman Tse. B. Global fixed income investments. ch. 5. Global fixed income markets and portfolio management / Xiaoqing Eleanor Xu -- pt. III. Alternative investments. ch. 6. Hedge funds / Jot Yau and Grace K. Yeung. ch. 7. International real estate / Gary A. Patterson. ch. 8. Global perspectives on venture capital and private equity / Xiaoqing Eleanor Xu. ch. 9. Managed futures / Aysegul Ates and George H.K. Wang -- pt. IV. Derivatives. ch. 10. Credit derivatives: trends, challenges and opportunities / Gaiyan Zhang. ch. 11. Currency derivatives and emerging market currencies: strategies, perspectives, and trends / Anthony L. Loviscek To better understand the full range of international investments available (which, with China and India opening up to foreign investors, is greater than ever), this book identifies different asset classes and current hot topics such as new financial instruments in a changing global environment