... 2010 Interest rate Real estate Switzerland Duration is a measure of the time needed for the price of a vanilla bond to be repaid by its cash flows. It is computed as a weighted average of the times that payments are made with weights given by the present value of the payments...

.... Results suggest that housing is an effective portfolio diversifier but does not provide any better short‐term inflation‐hedging effectiveness than financial assets. © MCB UP Limited 1997 Housing Investment property Switzerland Swiss pension funds and insurance companies hold...

... taking into account the illiquidity of real estate, the results suggest that the optimal portfolio composition is 20 per cent for stocks, 53 per cent for bonds and 27 per cent for real estate. Real estate mutual funds could also be included in a small proportion in the portfolio. For Switzerland...

... MCB UP Limited 1994 Inflation Real estate Share prices Switzerland Two arguments are generally given to motivate the decision of including real estate in portfolios of financial assets (e.g. stocks and bonds). These arguments are: the diversification benefits stemming from the less...