Foreign Portfolio Investment in Bric Countries: S&p 1200 vs. Bvsp Rtsi Nsei Sse

The purpose of this book was to determine if investors seeking higher rates of return in emerging countries (Brazil, Russia, India and China) are compensated for the higher risks they expose themselves to than if they invested in a developed nation. This study factored in the exchange rate risk and the systematic risk, measured by the betas, obtained by using regression analysis on historical data.