Investing in different asset classes and in securities of many issuers in an attempt to reduce overall investment risk and to avoid damaging a portfolio`s performance by the poor performance of a single security, industry, (or country). Found on http://www.duke.edu/~charvey/Classes/wpg/bfglosp.htm
Investing in different asset classes and in securities of many issuers in an attempt to reduce overall investment risk and to avoid damaging a portfolio`s performance by the poor performance of a single security, industry, (or country).