holdings of foreign equities have increased, so have they increased as a share of total
foreign equity market capitalization: from less than 6 percent in 1994 to about 10 percent in 1997 and to 11.5 percent in 2001 (table 2).
transactions as a proxy for more general
foreign equity market activity in these countries, then an estimate of U.S.
The company opened an office in London last fall to facilitate research and trading in the
foreign equity market, and plans to have six full-time employees by the end of the year.
One company may prefer to start with a bond issue to improve its global recognition, then continue with a listing on a target market and conclude with sale of a directed share issue to investors on that particular
foreign equity market. Another company may go straight to the target market with a listing and an issue in one shot.
Investing in
foreign equity markets works in the same way as buying domestic equities with an added currency effect.
Europe and Japan remain favorite
foreign equity markets and, for some strategists, India as well.
For end September, they still indicate great buying opportunities in
foreign equity markets, primarily EMU markets that are substantially below their fair value index (Austria -48%, Italy -53%, Portugal -22%, Spain -31%) but also Japan on -29%.
Major
foreign equity markets; key commodities including gold, silver and oil and 4Q currency ranges are also covered.
BNP Paribas is to act as Mediobanca's custodian bank on
foreign equity markets. It will also function as its clearing agent on foreign regulated derivative markets.
As much as
foreign equity markets offer great potential for reward, so too, says Colyer, do overseas bond markets.
ETFs afford a convenient gateway to the most aggressive investment instruments (think emerging
foreign equity markets and commodities) and the most conservative, such as Treasury Bills.