Eres : Digital Library : Works

Paper eres2005_223:
An Improved Specification of Performance: The Interaction Effect in Attribution Analysis

id eres2005_223
authors Keeris, Willem G.
year 2005
title An Improved Specification of Performance: The Interaction Effect in Attribution Analysis
source Book of Abstracts: 2005 European Real Estate Society conference in association with the International Real Estate Society
summary The IPD provides insight to its members of their benchmark-indices in the structuring of the portfolio, in terms of allocating investments to asset classes and selecting the individual assets. These two factors are marked in general as the explanatory indicators for the achieved results in regard to the benchmark. Former research pointed out that selection has the largest impact, however, investors tend to believe that allocation is the most important factor. This research is nevertheless focused on a third in practice not mentioned factor, namely the interaction effect between allocation and selection. Research pointed out that the influence of the interaction effect on the return is of such an importance one cannot ignore it while making a portfolio analysis and attribution report. Therefore more attention should be paid to the aspects of structuring and building up the investment portfolio.
series ERES:conference
type normal paper
discussion No discussions. Post discussion ...
ratings
session Session H1
last changed 2008/11/01 09:47
HOMELOGIN (you are user _anon_523494 from group guest) Powered by SciX Open Publishing Services 1.002