Risk-adjusted Performance of German open-ended funds and listed real estate and the role of reporting standards

Wilhelm Breuer and Julius König

ERES from European Real Estate Society (ERES)

Abstract: The paper compares the risk-adjusted performance of German open-ended funds and listed real estate companies (LRE) using the Sharpe ratio concept in the short, medium and long term. The results show that both outperform depending on the term and that the different reporting standards of the two vehicles play an important role in explaining the outperformance.

Keywords: Listed Real Estate (LRE); Open-ended Funds; Reporting standards; Sharpe Ratio (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2024-01-01
New Economics Papers: this item is included in nep-acc and nep-ure
References: Add references at CitEc
Citations:

Downloads: (external link)
https://eres.architexturez.net/doc/oai-eres-id-eres2024-133 (text/html)
https://architexturez.net/system/files/P_20240629142339_8045.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

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:arz:wpaper:eres2024-133

Access Statistics for this paper

More papers in ERES from European Real Estate Society (ERES) Contact information at EDIRC.
Bibliographic data for series maintained by Architexturez Imprints ().