This study re-examines the potential role that direct real estate can play in institutional mixed-asset portfolios. The paper examines the statistical improvement in performance that can result from the inclusion of real estate in an international mixed asset portfolio, using both in-sample and out-of-sample data. Using US real estate data the results provide evidence that in most cases real estate does not lead to a significant improvement in portfolio performance in sample. However, out-of-sample tests indicate that the asset does provide a valuable diversification asset, with significant improvements in performance relative to a base capital market only portfolio.
€147.81
यह ईबुक खरीदें और 1 और मुफ़्त पाएं!
स्वरूप PDF ● पेज 139 ● ISBN 9781845443856 ● प्रकाशक EMERALD PUBLISHING LIMITED ● प्रकाशित 2004 ● डाउनलोड करने योग्य 3 बार ● मुद्रा EUR ● आईडी 5997272 ● कॉपी सुरक्षा Adobe DRM
एक DRM सक्षम ईबुक रीडर की आवश्यकता है
एक ही लेखक से अधिक ईबुक / संपादक
2,849 इस श्रेणी में ईबुक
