You are here

THE BOTTOM LINE

Good public disclosures mitigate local investment bias

Friday, May 27, 2016 - 05:50

IF you live in Hong Kong, are you more likely to invest in China stocks than Indian stocks? If you live in Kuala Lumpur, would you rather invest in Singapore stocks than Indonesia stocks?

There is some evidence that, everything else being equal, investors tend to invest "close to home".