This research investigates the burgeoning peer-to-peer (P2P) economy, exemplified by
platforms such as Airbnb, and its implications within the North American context. The study …

I examine the performance of US business development companies (“BDC”). BDCs have
produced returns in line with those of private funds engaged in direct lending. Leveraged …

The authors introduce a novel approach for jointly testing bond-market factor models and
bond manager performance using the attributes of market efficiency as an ideal, or …

While real estate has by now become a well-established asset class among institutional
investors, the vast majority of real estate investment so far has been in private rather than …

The authors introduce a novel approach of attributing factor risk to a time series of reported
private asset returns. Their factor-optimized lagged-beta (FOLB) method uncovers more …

This article explores the relation between interest rates, REITs valuation, and future returns.
Using a dataset on mortgage and equity REITs that spans the 1993–2019 time period, we …

COVID-19 has created a misbalance in the global economy by affecting multiple sectors. It
has also affected the mindset and, consequently, the behavior of economic agents, one of …

ABSTRACT Superannuation (Pension) funds in Australia which offer a “MySuper” product
are required to produce a “dashboard” which lists, inter alia, the long term target return, risk …

One of the most common questions that I am asked is “should I invest in real estate?” Even
more common than this question is the matter of fact statement that real estate is a great …