Nekilnojamojo turto investiciniai fondai: vieta investicinių fondų įvairovėje
Real Estate Investment Trusts: A Place in the Diversity of Investment Funds
Author(s): Lina Volodzkienė, Juozas BivainisSubject(s): Economy
Published by: Vilnius Gediminas Technical University
Keywords: Investment funds; real estate investment trusts; investment portfolio structure; return; risk.
Summary/Abstract: Economies and social sectors of the 21st century states are hard to picture without investment funds. The extent of investments, the variety of funds as well as the opportunities for investment are constantly increasing. Of this variety, the real estate investment trusts are subject to the most controversial opinions. This article includes the results of a research on REITs as an alternative for investment. A three-criterion set – return on investments, risk and correlation of return with investments in different types of assets – has been used to assess the role and the significance of such trusts. According to these criteria, patterns of influence of REITs as an investment portfolio diversification tool on investment results have been determined.
Journal: Verslas: teorija ir praktika
- Issue Year: 2008
- Issue No: 3
- Page Range: 149-159
- Page Count: 11
- Language: Lithuanian