%0 Journal Article %A Mark A. Barnes %A Anthony Bercel %A Steven H. Rothmann %T Global Equities %B Do Countries Still Matter? %D 2001 %R 10.3905/joi.2001.319471 %J The Journal of Investing %P 43-49 %V 10 %N 3 %X The ongoing globalization of world economies and introduction of the euro have prompted the reevaluation of country and sector effects on security returns. Here is research on the relative importance of countries and sectors and the changes over time. While sectors seem to be growing in importance, country effects remain significant. Given a belief that this situation will persist for some time, the authors argue that active strategies cannot afford to ignore country effects. %U https://joi.pm-research.com/content/iijinvest/10/3/43.full.pdf