Urbi Garay and Enrique ter Horst of IESA have published an article in the Journal of Alternative Investments (Spring 2009 issue) that summarizes recent research in the area of portfolio diversification.
Excerpt:
This article examines the literature on the benefits of adding real estate and private equity investments to an investor’s portfolio, and also examines some recent [...]
Real Estate and Private Equity: A Review of the Diversification Benefits and Some Recent Developments