Download or read book The International Equity Commitment written by Stephen Gorman and published by Wiley. This book was released on 2000-04-14 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: The International Equity Commitment refutes that rising correlation and costs, increasing exchange rate volatility, and underperformance of non-U.S. markets make investing in international equity undesirable, or, at best, irrelevant. The author uses a detailed analysis of the data to show not only that historical evidence supports a strategic allocation to international equity, but that the typical U.S. pension plan is underexposed.