Real Estate Fund Flows and the Flow-Performance Relationship

Convexity in the flow-performance relationship of traditional asset class mutual funds is widely documented, however it cannot be assumed to hold for alternative asset classes. This paper addresses this shortcoming in the literature by examining the flow-performance relationship for real estate fund...

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Veröffentlicht in:The journal of real estate finance and economics 2016-05, Vol.52 (4), p.347-382
Hauptverfasser: Downs, David H., Sebastian, Steffen, Weistroffer, Christian, Woltering, René-Ojas
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Sprache:eng
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