Investment Decision Making: A Behavioural Perspective
Abstract
Reviews institutional decision making and the role of property within a multi‐asset portfolio. Discusses diversification strategies by sector and region as a means of reducing or managing risk. Indicates the mismatch that can occur between the perception of risk, current market performance and targeting of investment activity by sector. Geographical diversification is apparent by region but not by subregion in the UK. In contrast investment into European markets is weak with particular concerns relating to currency fluctuations, taxation, lease structures and asset pricing.
Keywords
Citation
Adair, A.S., Berry, J.N. and McGreal, W.S. (1994), "Investment Decision Making: A Behavioural Perspective", Journal of Property Finance, Vol. 5 No. 4, pp. 32-32. https://doi.org/10.1108/09588689410080275
Publisher
:MCB UP Ltd
Copyright © 1994, MCB UP Limited