Coordinated Portfolio Investment Survey Guide (second edition)

Coordinated Portfolio Investment Survey Guide (second edition)
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 167
Release: 2002-05-10
Genre: Business & Economics
ISBN: 1589060938

This paper reviews the coordinated portfolio investment survey (CPIS) guide. The objectives of CPIS are to collect comprehensive information, with geographical detail on the country of residence of the issuer, on the stock of cross-border equities, long-term bonds and notes, and short-term debt instruments for use in the compilation or improvement of international investment position statistics on portfolio investment capital. This paper discusses the scope and modalities of the CPIS. It also presents key findings of the 1997 CPIS and 2001 CPIS.

Capital Controls and International Portfolio Theory

Capital Controls and International Portfolio Theory
Author: Ms.Marjorie B. Rose
Publisher: International Monetary Fund
Total Pages: 24
Release: 1990-06-01
Genre: Business & Economics
ISBN: 1451970579

This paper examines the effects of capital controls on asset prices. A closed-form valuation model by Eun and Janakirimanan (1986) is extended to analyze the impact of three restrictions on international portfolio investment: a percentage quantity constraint on the amount of foreign securities a domestic resident may hold in her portfolio; a constraint on the absolute amount of foreign securities a domestic resident may hold; and a percentage tax on the domestic purchase price of a foreign security. Comparative statics and numerical analysis are used to reveal the effects of these distortions on domestic and world equilibrium prices.

International Portfolio Investment

International Portfolio Investment
Author: Söhnke M. Bartram
Publisher:
Total Pages: 124
Release: 2019
Genre:
ISBN:

At first sight, the idea of investing internationally seems exciting and full of promise because of the many benefits of international portfolio investment. By investing in foreign securities, investors can participate in the growth of other countries, hedge their consumption basket against exchange rate risk, realize diversification effects and take advantage of market segmentation on a global scale. Even though these advantages might appear attractive, the risks of and constraints for international portfolio investment must not be overlooked. In an international context, financial investments are not only subject to currency risk and political risk, but there are many institutional constraints and barriers, significant among them a host of tax issues. These constraints, while being reduced by technology and policy, support the case for internationally segmented securities markets, with concomitant benefits for those who manage to overcome the barriers in an effective manner.

Coordinated Portfolio Investment Survey Guide (Third Edition)

Coordinated Portfolio Investment Survey Guide (Third Edition)
Author: Venkat Josyula
Publisher: International Monetary Fund
Total Pages: 145
Release: 2018-09-21
Genre: Business & Economics
ISBN: 1484331893

This third edition of the Coordinated Portfolio Investment Survey Guide has been prepared to assist economies that participate or are preparing to participate in the Coordinated Portfolio Investment Survey (CPIS). It builds on and updates the second edition of the CPIS Guide (2002) to reflect the adoption of the Balance of Payments and International Investment Position Manual, sixth edition (BPM6) as the standard framework for compiling cross-border position statistics.