Investing in Greenland

aroominyork

londoninvestor wrote: »

Should pre-1997 Hong Kong stocks have been treated as part of the UK market?

No they shouldn’t have been... which supports my point: countries should be treated as part of the economic region where they best fit which for pre-1997 Hong Kong would presumably have been Emerging Markets or Asia Pacific, and for Greenland today would not be North America.

londoninvestor

aroominyork wrote: »

No they shouldn’t have been... which supports my point: countries should be treated as part of the economic region where they best fit which for pre-1997 Hong Kong would presumably have been Emerging Markets or Asia Pacific, and for Greenland today would not be North America.

I'm indulging in a bit of a Friday pub thread, since I probably would agree with you and put Greenland in Emerging EMEA if I had to categorise it myself tbh.

But the fact that Denmark is Greenland's main economic partner (followed by Sweden and the Netherlands) is much more of a driver of that than the fact that Greenland is a dependent territory of Denmark.

short_butt_sweet

aroominyork wrote: »

Um, then how about unlisted firms?

i'm pretty sure that HL's maps won't show you the geographical location of investments in unlisted companies. so greenland won't appear.

by "north america", HL seem to mean USA + canada. it is an anomaly that they are colouring greenland to match north america, not to match europe, but it won't affect the numbers, since there won't be any greenland companies.

but what about the Mercator Portfolio? roughly equal investments in greenland, europe, and africa. but the biggest allocation is in antarctica. of course, you would have to rebalance as greenland (and some of antarctica) melts.

aroominyork

londoninvestor wrote: »

I'm indulging in a bit of a Friday pub thread, since I probably would agree with you and put Greenland in Emerging EMEA if I had to categorise it myself tbh.

But the fact that Denmark is Greenland's main economic partner (followed by Sweden and the Netherlands) is much more of a driver of that than the fact that Greenland is a dependent territory of Denmark.

If Emerging EMEA was a region I could go with that, but to build anomaly onto anomaly check this link: Greenland is among those highlighted in the green map at the top but does not appear in the country list underneath. This country’s location - maybe even its existense - seems to confuse people!

londoninvestor

aroominyork wrote: »

If Emerging EMEA was a region I could go with that, but to build anomaly onto anomaly check this link: Greenland is among those highlighted in the green map at the top but does not appear in the country list underneath. This country’s location - maybe even its existense - seems to confuse people!

You're right, perhaps competing with the Bermuda Triangle for uncanny phenomena...

aroominyork

short_butt_sweet wrote: »

i'm pretty sure that HL's maps won't show you the geographical location of investments in unlisted companies. so greenland won't appear.

by "north america", HL seem to mean USA + canada. it is an anomaly that they are colouring greenland to match north america, not to match europe, but it won't affect the numbers, since there won't be any greenland companies.

but what about the Mercator Portfolio? roughly equal investments in greenland, europe, and africa. but the biggest allocation is in antarctica. of course, you would have to rebalance as greenland (and some of antarctica) melts.

It’s not an anomaly - it’s just wrong, and that’s the sole point of this thread.

Love the Mercator Portfolio comment!

londoninvestor

Dare I ask what region they put St Pierre & Miquelon into?

aroominyork

londoninvestor wrote: »

Dare I ask what region they put St Pierre & Miquelon into?

Yes, you seem to dare.

Edit: Good morning. The region into which they put St Pierre and Miquelon (nb the grammar - just upping the pedantry in this thread) is North America. Do you have a hot tip there?

londoninvestor

aroominyork wrote: »

Yes, you seem to dare.

Edit: Good morning. The region into which they put St Pierre and Miquelon (nb the grammar - just upping the pedantry in this thread) is North America. Do you have a hot tip there?

Try the fish - it's pretty fresh.