Optimizing the Real Estate Allocation in Institutional Portfolios

Brad Case submits:In an earlier post I reported research suggesting that optimized real estate allocations—for institutional investors that have access to private equity real estate funds—typically should have something like one-third invested in core funds, one-third in opportunistic funds, and one-third in publicly traded REITs.

Brad Case submits:Institutional Investor -- one of the most influential voices among pension funds, investment consultants, and others in the institutional investment community -- published a very well written article by Judy Ward called "Public, Private Real Estate Split the Best Shot at Lowering Risk." The article focuses on analysis that I did (and

Two decades on, Stan Hamilton and Robert Heinkel, both from the University of British Columbia, are working on a revised edition of what can be considered to have been a game changing book about pension fund management.

By Michael Pechersky:In this paper we would like to focus on the benefits of using hedge fund strategies in an institutional portfolio. We believe that treating hedge fund strategies as a distinct asset class is not optimal. We will show that hedge funds add more value when they are combined with long-only managers according to their underlying investments.

By Kevin Quon:With the pursuit of yield in times of higher volatility and a hazier macro-economic picture, investors have sought out the entities that provide pass through taxation effects on their income. Common publicly traded private equity companies that receive special taxation privileges such as Real Estate Investment Trusts (REITs), Business Development Companies (BDCs), and Master Limited Partnerships (MLPs).

FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. Low Volatility Stocks Outperform Riskier Ones (Advisor Perspectives)

By MyPlanIQ:We constructed an investment plan - Five Core Asset CEFs - by using five closed-end funds (CEFs) that represent five major asset classes. These funds allow us to gain exposure to five major assets: U.S. equity, foreign equity, REITs, emerging market equity and fixed income.

Parsimony Investment Research submits:Since the markets bottomed in 2009, real estate investments have performed very well.