The Holders and Issuers of International Portfolio Securities

Vahagn Galstyan, Philip Lane, Caroline Mehigan, Rogelio Mercado

Research output: Contribution to journalArticlepeer-review

9 Citations (Scopus)


Research on the geographical distribution of international portfolios has mainly focused on data aggregated to the country level. We exploit newly-available data that disaggregate the holders and issuers of international securities along sectoral lines. We find that patterns evident in the aggregate data do not uniformly apply across the various holding and issuing sectors, such that a full understanding of cross-border portfolio positions requires granular-level analysis.
Original languageEnglish
Pages (from-to)100-108
JournalJournal of the Japanese and International Economies
Early online date17 Aug 2016
Publication statusPublished - 1 Dec 2016


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