Eres : Digital Library : Works

Paper eres2011_131:
Portfolio Optimisation Model for Malaysian Property Market

id eres2011_131
authors Razali, Muhammad Najib
year 2011
title Portfolio Optimisation Model for Malaysian Property Market
source 18th Annual European Real Estate Society Conference in Eindhoven, the Netherlands
summary This paper investigates the significance of commercial property investment in Malaysia in a mix asset portfolio from January 1998 to April 2010. Design/methodology/approach Data for the research was obtained from DataStream which taken from Kuala Lumpur Composite Index (KLCI), Malaysian Government Securities (bonds), Kuala Lumpur Stock Exchange Properties (properties), Malaysia Treasury Bill Discount Rate (Cash) and Kuala Lumpur Stock Exchange Plantation (plantation). Findings This paper provide some dependable model and technique in term of portfolio optimisation. As a result it also provides more accurate result the role of property portfolios in mixed-asset portfolios. In term of diversification benefit Malaysian property market showed some improvement in the recent years. While in asset allocation property portfolio gives property portfolios gives some significant allocation at all risk levels. Originality/value This paper examines the role of property investment in Malaysia in a mix asset portfolio.
keywords Malaysia, portfolio, optimisation
series ERES:conference
email muhammad.najibr@gmail.com
content file.pdf (318,382 bytes)
discussion No discussions. Post discussion ...
ratings
session P1: RE Finance and Investment (I) [doctoral session]
last changed 2014/10/21 21:51
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