Intermediated investment management in private markets: Evidence from pension fund investments in real estate
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DOI: 10.1016/j.finmar.2014.11.002
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Cited by:
- Füss, Roland & Ruf, Daniel, 2022. "Information precision and return co-movements in private commercial real estate markets," Journal of Banking & Finance, Elsevier, vol. 138(C).
- Peng Liu & Nathan Mauck & S. McKay Price, 2020. "Are Government Owned Investment Funds Created Equal? Evidence from Sovereign Wealth Fund Real Estate Acquisitions," The Journal of Real Estate Finance and Economics, Springer, vol. 61(4), pages 698-729, November.
- Ghent, Andra C., 2021.
"What’s wrong with Pittsburgh? Delegated investors and liquidity concentration,"
Journal of Financial Economics, Elsevier, vol. 139(2), pages 337-358.
- Andra C. Ghent, 2019. "What's Wrong with Pittsburgh? Delegated Investors and Liquidity Concentration," NBER Working Papers 25966, National Bureau of Economic Research, Inc.
- Alexander Carlo & Piet Eichholtz & Nils Kok & Ruud Wijnands, 2023. "Pension fund investments in infrastructure," Journal of Asset Management, Palgrave Macmillan, vol. 24(5), pages 329-345, September.
- Jansen, Kristy, 2021. "Essays on institutional investors, portfolio choice, and asset prices," Other publications TiSEM fd998408-d282-4e0f-b542-4, Tilburg University, School of Economics and Management.
- Han, Min-Yeon & Jun, Sang-Gyung & Oh, Ji Yeol Jimmy & Kang, Hyoung-Goo, 2023. "Who should choose the money managers? Institutional sponsors' equity manager performance," Pacific-Basin Finance Journal, Elsevier, vol. 78(C).
- Avis Devine & Andrew Sanderford & Chongyu Wang, 2024. "Sustainability and Private Equity Real Estate Returns," The Journal of Real Estate Finance and Economics, Springer, vol. 68(2), pages 161-187, February.
- Bing Zhu & Colin Lizieri, 2021. "Connected markets through global real estate investments," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 49(S2), pages 618-654, September.
- Laurens Defau & Lieven De Moor, 2021. "The investment behaviour of pension funds in alternative assets: Interest rates and portfolio diversification," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(1), pages 1424-1434, January.
- Zhu, Bing & van Dijk, Dorinth & Lizieri, Colin, 2024.
"Price diffusion across international private commercial real estate markets,"
Journal of International Money and Finance, Elsevier, vol. 140(C).
- Bing Zhu & Dorinth van Dijk & Colin Lizieri, 2021. "Price diffusion across international private commercial real estate markets," Working Papers 732, DNB.
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More about this item
Keywords
Pension fund; Real estate; Delegated investment management; Economies of scale; Performance;All these keywords.
JEL classification:
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- G20 - Financial Economics - - Financial Institutions and Services - - - General
- G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
Statistics
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