RT Journal Article SR Electronic T1 Portfolio Strategy and Structure Take Center Stage:
“How, What, Where, and When?” Replace “Why?” JF The Journal of Portfolio Management FD Institutional Investor Journals SP 12 OP 20 DO 10.3905/jpm.2013.39.5.012 VO 39 IS 5 A1 Jim Clayton A1 Frank J. Fabozzi A1 S. Michael Giliberto A1 Jacques N. Gordon A1 Youguo Liang A1 Greg MacKinnon A1 Asieh Mansour YR 2013 UL https://pm-research.com/content/39/5/12.abstract AB Real estate has become more accepted as a basic building block of a well-diversified institutional portfolio over the past decade. The debate around the question “Why Real Estate?” has largely been put to rest. The most relevant research questions about the asset class now revolve around more detailed issues in optimal allocations under different situations and in light of new trends, and also around details of how implementation of a real estate allocation (i.e. the actual investments made) should be done and how it affects the risk/return characteristics of the final portfolio. The relevant new trends in the industry and the associated research questions are discussed.TOPICS: Real estate, portfolio construction, equity portfolio management