The Role of U.S. Infrastructure in Investment Portfolios

Graeme Newell and Hsu Peng

Journal of Real Estate Portfolio Management, 2008, vol. 14, issue 1, 21-34

Abstract: Executive Summary. Recent attention has been given to “real estate-related” assets to provide potential enhanced returns and diversification benefits in an investment portfolio. As such, infrastructure has taken on increased investment importance in recent years with the growth in listed and unlisted infrastructure funds, and increased interest in infrastructure as a separate asset class. This paper analyses the risk-adjusted performance and portfolio diversification benefits of infrastructure in the United States over 2000-2006. Recent years have seen significantly enhanced returns for U.S. infrastructure, with significantly reduced risk and enhanced portfolio diversification benefits with all major asset classes.

Date: 2008
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://hdl.handle.net/10.1080/10835547.2008.12089795 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:repmxx:v:14:y:2008:i:1:p:21-34

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/repm20

DOI: 10.1080/10835547.2008.12089795

Access Statistics for this article

Journal of Real Estate Portfolio Management is currently edited by Peng Liu and Vivek Sah

More articles in Journal of Real Estate Portfolio Management from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().