Back to Search
Start Over
Property Derivatives for Managing European Real-Estate Risk.
- Source :
- European Financial Management; Jan2010, Vol. 16 Issue 1, p8-26, 19p, 1 Diagram, 2 Charts, 3 Graphs
- Publication Year :
- 2010
-
Abstract
- Although property markets represent a large proportion of total wealth in developed countries, the real-estate derivatives markets are still lagging behind in volume of trading and liquidity. Over the last few years there has been increased activity in developing derivative instruments that can be utilised by asset managers. In this paper, we discuss the problems encountered when using property derivatives for managing European real-estate risk. We also consider a special class of structured interest rate swaps that have embedded real-estate risk and propose a more efficient way to tailor these swaps. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 13547798
- Volume :
- 16
- Issue :
- 1
- Database :
- Complementary Index
- Journal :
- European Financial Management
- Publication Type :
- Academic Journal
- Accession number :
- 47124252
- Full Text :
- https://doi.org/10.1111/j.1468-036X.2009.00528.x