Large institutional investors continue to direct increased amounts of capital toward
commercial real estate, further fueling the growth and institutionalization of this asset class …

Before subprime, the major risk in a home mortgage loan other than interest rate risk was
prepayment. Partly idiosyncratic but driven by interest rates, prepayment is modeled as …

Alternatives have become an important asset for institutional investors, and more recently
also for individual investors. Many alternatives are easily investable nowadays, and the …

We argue that most investable assets and strategies cluster into two broad groups:
productive and scarce. Intuitively, productive assets have high equity beta and positive carry …

El objetivo de este documento es testear si la inclusión de activos alternativos en las
carteras de las administradoras de fondos de pensiones (AFPs), entrega mejores …

The purpose of this case is to present the challenges facing individual, taxable investors
when evaluating multiple investment opportunities. Many individual investors rely on …

В статье представлено исследование различных типов активов с целью их
диверсификации в рамках портфеля инвестора. Рассмотрены акции, реальные активы …