When looking at Asset Classes….
An asset class is a group of investments that have similar characteristics, are subject to the same laws and regulations, and generally respond similarly to market fluctuations.
An asset class is a group of investments that have similar characteristics, are subject to the same laws and regulations, and generally respond similarly to market fluctuations.
It is has been long held that the asset allocation policy may account up to the 90% of the variation in returns (Brinson, Hood, & Beebower, 1995). However, other studies argued that about three-quarters of such variation are explained by the market movement, and the remaining by the equal contribution of the specific asset allocation…
Real estate portfolio or funds management differs radically from managing equity, bond or mutual funds in that real estate managers are not only responsible for asset allocation, risk management and transaction supervision, but also for managing the execution of asset strategy. Unlike equity managers, who research companies and manage the probabilities that they can execute their articulated strategies, real estate managers must help define and execute on property-level opportunities.