Does the Malaysian sovereign sukuk market offer portfolio diversification opportunities for global fixed-income investors? Evidence from wavelet coherence and multivariate-GARCH analyses
Understanding the co-movement among asset returns is a critical issue in finance, as investors can minimize risk through diversification. International investors seek alternative asset classes to diversify their portfolio. Therefore, it would be meaningful to investigate whether sukuk (Islamic bond)...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English English English |
| Published: |
Elsevier Inc.
2019
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/67317/ http://irep.iium.edu.my/67317/ http://irep.iium.edu.my/67317/ http://irep.iium.edu.my/67317/1/67317_Does%20the%20Malaysian%20Sovereign%20sukuk.pdf http://irep.iium.edu.my/67317/2/67317_Does%20the%20Malaysian%20Sovereign%20sukuk_SCOPUS.pdf http://irep.iium.edu.my/67317/3/67317_Does%20the%20Malaysian%20Sovereign%20sukuk_WOS.pdf |