For the world's non-domestic shareholders, voting across borders can mean a lot of hassles
With today's world markets exposed to almost unprecedented risks - corporate scandals, environmental and regulatory issues, war and Sars - institutions around the globe are constantly seeking to diversify their shareholdings. Conventional wisdom says that diversification, even if it means adding some high-risk propositions to a conservative basket of shares, will actually reduce the total risk of a portfolio. Conversely, the Reuters Institutional Investor Survey 2002 notes that '70 percent
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