ERES:conference

An effective asset risk score would enable fund managers to construct portfolios most appropriate to their clientís risk appetite. As an assetís risk profile changes over time, such a risk score needs to be dynamic and change as the assetís characteristics change. This will enable the...

This paper seeks to provide a better understanding of the performance implications for investors who choose to combine listed real estate with an unlisted real estate allocation. Specifically, it provides a detailed investor level analysis of the impact of combining UK unlisted fund and global...

With an increased focus on international property investment, the role of emerging property markets in delivering portfolio benefits has attracted considerable attention. In particular, the European emerging property markets (eg: Russia, Poland, Turkey, Greece) account for 11 countries, with 1%...

Purpose - The objective of the study is to assess the extent to which the hypothetical attractions of listed real estate products as part of a real estate allocation are being over-ridden by the lack of integrated solutions to managing public and private real estate in the same portfolio....

Purpose - The objective of the study is to examine the structure, growth, risk adjusted returns and future of the global real estate securities funds sector. Historically these funds have been straightforward actively managed funds benchmarked against an Index such as the EPRA Global Index....

Purpose - The purpose of this paper is to quantify the changes in the liquidity premium for the real estate equities markets of the United States, Europe and Asia during the period of 2002 – 2012. The liquidity crisis of 2007-8 had a dramatic impact on returns, valuations and capital...

Purpose – The purpose of this paper is to provide an indication of the returns to commercial property lending over the last 30 years in the UK. Design/methodology/approach – There is no long-term index of the returns to commercial property lending in the UK. This paper provides a partial...