TY - JOUR T1 - Global Equities JF - The Journal of Investing SP - 43 LP - 49 DO - 10.3905/joi.2001.319471 VL - 10 IS - 3 AU - Mark A. Barnes AU - Anthony Bercel AU - Steven H. Rothmann Y1 - 2001/08/31 UR - https://pm-research.com/content/10/3/43.abstract N2 - 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. ER -