The Euromoney annual report award
As of January 1, 1986, there is a better way to measure the performance of international stock portfolios: the new Euromoney/First Boston Global Stock Index.
Global investing has been a reality for some years. More and more institutions are placing a significant volume of their funds in foreign equities.
But until now there has been no satisfactory way to define how well these diversified portfolios are managed--no yardstick to measure performance as the S&P 500 does in the US, for example.
It is this need that Euromoney and First Boston aim to fill. For months a special team under the...