| Status | 已發表Published |
| The Performance of Non-Listed Opportunity Real Estate Funds in China, Swiss Financial Institute Research Paper, No. 21-27. | |
Newell, G. ; Marzuki, J.; Hoesli, M.E.; Lai, R.N.
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| 2021-03-19 | |
| Abstract | Institutional investors have sought exposure to the China real estate market, often via opportunity real estate funds. This has been by a pure China opportunity real estate fund or by a pan-Asia opportunity real estate fund where China opportunity real estate was part of this real estate portfolio. This paper develops two bespoke China opportunity real estate fund performance indices to assess the risk-adjusted performance and diversification benefits of China opportunity real estate funds in a mixed-asset portfolio. Over 2008-2019, pan-Asia opportunity real estate funds were seen to outperform pure China opportunity real estate funds. China opportunity real estate funds were seen to have a role in a China mixed-asset portfolio; particularly at lower risk levels in the portfolio risk spectrum. This paper also highlights critical issues for institutional investors for effective China real estate exposure. |
| Keyword | Non-listed real estate fund opportunity real estate fund China pan-Asia risk-adjusted performance real estate investment strategy |
| URL | View the original |
| Language | 英語English |
| The Source to Article | PB_Publication |
| PUB ID | 60355 |
| Document Type | Report |
| Collection | HONOURS COLLEGE DEPARTMENT OF FINANCE AND BUSINESS ECONOMICS |
| Corresponding Author | Newell, G. |
| Recommended Citation GB/T 7714 | Newell, G.,Marzuki, J.,Hoesli, M.E.,et al. The Performance of Non-Listed Opportunity Real Estate Funds in China, Swiss Financial Institute Research Paper, No. 21-27., 2021. |
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