Real estate as a portfolio risk diversifier
This study provides evidence on the investment performance of real estate relative to bonds and common stocks in the U.S. Using quarterly total return data over the years 1978-2012, the analyses show that, over this period, on a risk-adjusted basis real estate was the top performing asset class, out...
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Format: | Article |
Language: | English |
Published: |
LLC "CPC "Business Perspectives"
2016-06-01
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Series: | Investment Management & Financial Innovations |
Online Access: | https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/7412/imfi_en_2016_02_Etebari.pdf |