Does Your Portfolio Have a Home-Country Bias?
U.S. investors are much more globally diversified than many investors abroad, but when it comes to fixed income, it pays to stay home, says Vanguard's Chris Philips.
Christine Benz: Hi, I am Christine Benz for Morningstar.com. Most investors throughout the world are biased toward their home markets. I recently sat down with Chris Philips who is a senior analyst in Vanguard's Investment Strategy Group to discuss some recent research on home-market bias.
Chris, thank you for being here.
Christine Benz does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.