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Download Master Thesis 2020 by ['Gian Carlo Malapajo Arce'] in PDF format completely FREE. No registration required, no payment needed. Get instant access to this valuable resource on PDFdrive.to!
About Master Thesis 2020
This thesis examines whether and how large investors should allocate to real estate investment trusts (REITs) in their portfolios. It analyzes both qualitative and quantitative data on REITs, stocks, bonds and direct real estate from 1994-2020. Qualitatively, the thesis compares REITs to direct real estate, assesses how major asset managers allocate to real estate, and analyzes macroeconomic factors and the COVID-19 pandemic's impact. Quantitatively, it constructs historical optimal portfolios using REIT, stock and bond indexes to determine the historical optimal REIT allocation. The thesis concludes REITs provide diversification benefits and an allocation of 14-15% generated the highest risk-adjusted returns historically, though the optimal
Detailed Information
Author: | ['Gian Carlo Malapajo Arce'] |
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Publication Year: | 2021 |
Pages: | 105 |
Language: | English |
Format: | |
Price: | FREE |
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