This research examines the effects of diversification on the reduction of total portfolio risk in
real estate investment trusts (REITs) and mixed-asset portfolios. In addition, overall …

Returns on real estate investments have been examined from many historical perspectives.
This study provides a comprehensive review of the real estate investment literature …

Diversification of real estate portfolios has historically been accomplished by utilizing a
geographic and/or property-type strategy. More recently, a number of economically based …

An examination of US real estate investment trust (REIT) efficiency as a portfolio component
from the perspective of all G-7 countries for the period 1985 through 1994 indicates that US …

The risk/return trade‐off is a perennial problem of portfolio managers. Portfolio diversification
strategies should be such that investments are held in markets that are well‐insulated from …

How many markets does it take to form a geographically well-diversified portfolio? Using a
simulated approach, this study investigates the effectiveness of geographic diversification …

This article follows up on a previous study that examined the systematic risk of hotel real
estate investment trusts (REITs). Although the previous study found that the predominant …

We provide detailed descriptions, including over 550 mathematical formulas, for over 150
trading strategies across a host of asset classes (and trading styles). This includes stocks …

Recent research has demonstrated that the Markowitz efficient frontier is fuzzy and may
consist of many statistically indistinguishable frontiers. Therefore, it opens the possibility that …

This article refines previous comparisons of “within real estate” portfolio diversification by
adding controls to the experimental design to determine why one strategy is superior to …