An empirical analysis of exchange-traded funds
GW Buetow, BJ Henderson - Journal of Portfolio Management, 2012 - search.proquest.com
Exchange-traded funds (ETFs) provide investors with a single, tradable security for gaining
exposure to an index that presumably proxies for an asset class. In the US alone, ETF assets …
exposure to an index that presumably proxies for an asset class. In the US alone, ETF assets …
Another take on real estate's role in mixed‐asset portfolio allocations
JL Pagliari Jr - Real Estate Economics, 2017 - Wiley Online Library
This article examines real estate's role in institutional mixed‐asset portfolios using both
private‐and public‐real estate indices, as a means of examining varying real estate‐related …
private‐and public‐real estate indices, as a means of examining varying real estate‐related …
Real estate in a mixed‐asset portfolio: The role of the investment horizon
C Rehring - Real Estate Economics, 2012 - Wiley Online Library
In this article, three oft‐mentioned special characteristics of the real estate asset market—
high transaction costs, marketing period risk and return predictability—are addressed in …
high transaction costs, marketing period risk and return predictability—are addressed in …
Illiquidity, transaction cost, and optimal holding period for real estate: Theory and application
Choosing the optimal holding period is an important part of real estate investment decisions,
because “when to sell” affects “whether to buy”. This paper presents a theoretical model for …
because “when to sell” affects “whether to buy”. This paper presents a theoretical model for …
Liquidity risk of private assets: evidence from real estate markets
Investment in thinly traded private assets involves liquidity risk. Existing literature provides
limited guidance as it mainly focuses on publicly traded security assets such as stocks and …
limited guidance as it mainly focuses on publicly traded security assets such as stocks and …
[HTML][HTML] Commonalities in private commercial real estate market liquidity and price index returns
DW van Dijk, MK Francke - The Journal of Real Estate Finance and …, 2021 - Springer
We examine co-movements in private commercial real estate index returns and market
liquidity in the US (apartment, office, retail) and for eighteen global cities, using data from …
liquidity in the US (apartment, office, retail) and for eighteen global cities, using data from …
Integrating illiquid assets into the portfolio decision process
We consider the issues associated with modeling the decision to invest in an illiquid asset,
such as real estate, over an extended period of time. Markets for illiquid assets tend to …
such as real estate, over an extended period of time. Markets for illiquid assets tend to …
Which factors determine transaction activity across US metropolitan office markets?
S Devaney, P McAllister… - Journal of Portfolio …, 2017 - search.proquest.com
Variations in transaction activity between commercial real estate markets and over time are
likely to have important implications for investment strategies and pricing. The authors …
likely to have important implications for investment strategies and pricing. The authors …
Heterogeneous information and appraisal smoothing
This study examines the heterogeneous appraiser behavior and its implication on traditional
appraisal smoothing theory. The findings demonstrate that the partial adjustment model is …
appraisal smoothing theory. The findings demonstrate that the partial adjustment model is …
Illiquidity and risk of commercial timberland assets in the United States
B Mei - Journal of Forest Economics, 2015 - Elsevier
Using the BDS independent test and the bootstrapping method, this paper examines the
relationship between return and risk of various timberland investment vehicles and the …
relationship between return and risk of various timberland investment vehicles and the …