摘要
从目前各个国家和地区的投资实践来看,大量证据显示,投资者并没有按照标准化的投资组合模型去分散投资,而是表现出明显的“投资分散不足”。文章以基金公司作为机构投资者的代表,对我国投资市场上投资的分布状况进行了研究,证实了在我国的金融市场上投资分散不足现象也是存在的。
A large body of evidence from overseas suggests that investors diversify their portfolio holdings much less than is recommended by normative models of portfolio choice.They incline to hold the stocks of the companies which locate in or not far from their areas.We document this phenomenon,known as ＂insufficient investment＂,exists in China financial markets as well.
出处
《华东经济管理》
2007年第4期68-70,144,共4页
East China Economic Management
关键词
投资分散不足
机构投资
insufficient investment
institutional investment
