TY - JOUR T1 - The Search for European Sector Exposure JF - The Journal of Alternative Investments SP - 69 LP - 72 DO - 10.3905/jai.2002.319045 VL - 5 IS - 1 AU - Sandy Rattray Y1 - 2002/06/30 UR - https://pm-research.com/content/5/1/69.abstract N2 - The belief that sectors are more diversified than countries and that sectors explain more of the return of stocks than countries do has become very widespread. Particularly in Europe, the majority of investors have been following a “sector approach” for several years. In this article, I review a range of instruments for sector-based allocation including portfolio trades, futures, swaps, and exchange-traded funds (ETFs). ER -