RT Journal Article SR Electronic T1 European Investing and EMU JF The Journal of Investing FD Institutional Investor Journals SP 21 OP 26 DO 10.3905/joi.2000.319395 VO 9 IS 1 A1 Yazid M. Sharaiha A1 Michael S. Urias YR 2000 UL https://pm-research.com/content/9/1/21.abstract AB This article examines the evidence on market integration and its implications for pan-European asset allocation - looking at evidence of declining country barriers, and the relative merits of pan-European industries as asset classes. At the same time, investors are reconsidering the merits of international diversification and global equity allocation. The authors' findings indicate that European industries are becoming less correlated than countries on average, and offer as much, if not more, opportunity in terms of incremental performance.