The determinants of foreign portfolio investments: Evidence from the ASEAN tiger cub economies

• Main Authors: Bais, Jeriko R., Uy, Dhenna Emery R.
• Format: text
• Language: English
• Published: Animo Repository 2017
• Subjects: Investments > Philippines; Portfolio management > Philippines; Finance and Financial Management
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/14887
• Institution: De La Salle University

Foreign portfolio investments (FPI) are classified to be very volatile and affects every economy in diverse ways. What determines FPI also varies from each country which could be due to the different expectations and conditions for each economy. The main objective for the study is to determine what and how macroeconomic variables affect FPI in each ASEAN tiger cub economies. It also aims to see how different FPI for each country differ on how they are determined by these variables. This study is a comparative study, which compares how each country differ from each other given the sets of macroeconomic indicators. To obtain those objectives, the researchers localized the study of Haider, Khan, Abdulahi (2016) which used OLS and the ARCH estimation model. The results of the statistical analysis were shown to vary from each country.