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Real Estate Trends and Portfolio Rebalancing: Evidence from Main European Markets

  • Gianluca Mattarocci
  • Georgios Siligardos
Part of the Palgrave Macmillan Studies in Banking and Financial Institutions book series (SBFI)

Abstract

There has been much academic debate on the effectiveness of intra-asset diversification and on how to optimally apply it. Sectorial provenience and the location of real estate assets were initially the most valid segments for an efficient diversification (Miles and McCue, 1982). By this time, more sophisticated methods had been elaborated to provide a better segmentation, expanding the possibilities of intra-asset diversification. In particular, concerning the geographical segmentation, it had been proposed that regions — or urban areas — classified according to economic function might form a basis for a more effective risk management strategy (Lee and Byrne, 1998).

Keywords

Real Estate Optimal Portfolio Fund Manager Sharpe Ratio Asset Allocation 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Gianluca Mattarocci and Georgios Siligardos 2013

Authors and Affiliations

  • Gianluca Mattarocci
  • Georgios Siligardos

There are no affiliations available

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