| 000 | 01286cad a22001935a 4500 | ||
|---|---|---|---|
| 001 | L143532 | ||
| 008 | 070207s2008 xxk f 000 0 eng d | ||
| 035 | _a(Sirsi) u143532 | ||
| 041 | 0 | _aeng | |
| 110 | 2 |
_aInvestment Property Forum _92112 |
|
| 245 | 0 | 0 |
_aAlpha and persistence in UK property fund management _bsummary report _h[electronic resource] |
| 260 |
_aLondon _bIPF _c2008 |
||
| 520 | _aConsiders whether UK property funds can deliver persistent performance relative to a benchmark and on a risk-adjusted basis (i.e. alpha). Finds that overall, the evidence for systematic out-performance and alpha in property fund performance is not strong. Suggests it is limited to a small elite who can sustain such out-performance over relatively long periods. Good assets are the most consistent and influential factor accounting for out-performance and alpha. Reports that most investors interviewed did not see property as an alpha-generating asset class. Concludes that no fundamental changes in property investment strategies are indicated. | ||
| 590 | _aKA | ||
| 651 | 4 |
_aUnited Kingdom _y |
|
| 690 | _aPROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY FINANCE AND INVESTMENT | ||
| 856 | 4 | 0 |
_uhttps://www.ipf.org.uk/ _zView the item free of charge at www.ipf.org.uk... |
| 942 | _n0 | ||
| 999 |
_c108205 _d108205 |
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