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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.

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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.

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Christine Benz does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.