Benefits of Global Asset Allocation

Maria is an investment advisor managing a global multi-asset portfolio. She has recently reviewed the correlation between different asset classes across various regions. Maria is considering increasing her allocation to international equities to enhance diversification in her portfolio.

She understands that different markets can exhibit varying behaviors due to regional economic conditions. In this context, Maria is particularly interested in the impact of integrating global assets into her client's portfolios.

What is a primary benefit of engaging in global asset allocation for a diversified investment portfolio?