Country selection

A type of active international management that measures the contribution to performance attributable to investing in the better-performing stock markets of the world.

Similar financial terms

Single country fund
A mutual fund that invests in individual countries outside the United States.

Country economic risk
Developments in a national economy that can affect the outcome of an international financial transaction.

Country beta
Covariance of a national economy's rate of return and the rate of return the world economy divided by the variance of the world economy.

Country financial risk
The ability of the national economy to generate enough foreign exchange to meet payments of interest and principal on its foreign debt.

Country risk
General level of political and economic uncertainty in a country affecting the value of loans or investments in that country.

Adverse selection
A situation in which market participation is a negative signal.

Stock selection
An active portfolio management technique that focuses on advantageous selection of particular stocks rather than on broad asset-allocation choices.

Self-selection
Consequence of a contract that induces only one group (e.g. low risk individuals) to participate.

Security selection decision
Choosing the particular securities to include in a portfolio.

Currency selection
Asset allocation in which the investor chooses among investments denominated in different currencies.

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Merchant bank

A British term for a bank that specializes not in lending out its own funds, but in providing various financial services such as accepting bills arising out of trade, underwriting new issues, and providing advice on acquisitions, mergers, foreign exchange, portfolio management, etc.


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