000			01308cab a2200241 4500
001			ABS38475
008			090401t1987 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u10881
041			_aeng
100			_aBlundell, G.
245			_aProperty portfolio allocation: a multi-factor model
260			_c1987
350			_a0
490			_aLand Development Studies _v(4) May 1987, 145-156(12)
520			_aThe objective of this paper is describe a method of portfolio allocation currently being developed in the property sector. The model applies a multi-index approach to portfolio decision making and enables investors to explore the effects of changing their allocational decisions. In estimating the parameters required for the model, we explain the method which can be used to adjust for smoothing effects on returns caused by the valuation process. Although the model is still at the development stage, the approach is general and can be applied both to allocating funds within a mixed-asset portfolio or between different types of property within a wholly property-orientated portfolio. (Journal abstract)
650			_aASSETS
650			_aINVESTMENT
650			_aPORTFOLIO MANAGEMENT
690			_aPROPERTY LAW AND PRACTICE
700			_aWard, C.W.R.
942			_n0
948			_c04/03/1997
999			_c6928 _d6928