a. What is their portfolio management objective? b. What is the main advantage that international portfolio managers

Question:

a. What is their portfolio management objective?

b. What is the main advantage that international portfolio managers have compared to portfolio managers limited to domestic-only asset allocation?

Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...