Podcast
Questions and Answers
What is the primary reason why direct real estate portfolios are not frequently rebalanced?
What is the primary reason why direct real estate portfolios are not frequently rebalanced?
Why do fund managers tend to follow a similar asset mix to their peers?
Why do fund managers tend to follow a similar asset mix to their peers?
What is a consequence of real estate's illiquidity?
What is a consequence of real estate's illiquidity?
Why is direct real estate not typically governed by market-wide factors?
Why is direct real estate not typically governed by market-wide factors?
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What is a key characteristic of direct real estate investments?
What is a key characteristic of direct real estate investments?
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What is the implication of the combination of transaction costs and time lag?
What is the implication of the combination of transaction costs and time lag?
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What is a perceived benefit of deviating from the normal market portfolio mix?
What is a perceived benefit of deviating from the normal market portfolio mix?
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Why do real estate portfolios often hold few properties?
Why do real estate portfolios often hold few properties?
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What is the relationship between real estate and market-wide factors?
What is the relationship between real estate and market-wide factors?
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What is the potential consequence of assuming an abnormal exposure to real estate?
What is the potential consequence of assuming an abnormal exposure to real estate?
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