Does International Diversification Work Better for Real Estate than for Stocks and Bonds

作者: Piet M.A. Eichholtz

DOI: 10.2469/FAJ.V52.N1.1967

关键词:

摘要: International diversification is now an established fact for stock and bond portfolios. For real estate shares, however, this acceptance has so far not been the case. This study investigation of effectiveness international relative to Tests correlation matrixes returns, common returns indicate significantly lower correlations between national than or returns. The implication that reduces risk a portfolio more

参考文章(0)