Assessing the Impact of Outbreaks on Malaysian Listed Property Companies in Mixed-Asset Portfolios

• Autorzy: Muhammad Najib Razali , Rohaya Abdul Jalil , Ahmad Faisal Shayuti
• Języki publikacji: EN

Abstrakty

EN

This paper assesses the impact of outbreaks from the perspective of volatility of Malaysian Listed Property Companies in mixed-asset portfolios, concentrating on periods of time between outbreaks. The real issue of this study is the health crisis that has troubled institutional investors, as it has already significantly impacted the returns on investments. Investors need to be better informed on the impact of health outbreaks on investments in order to minimize their impact. To assess the impact of the outbreaks, the GARCH method has been employed to examine the dynamic volatility of listed property companies in mixed-asset portfolios. The volatility level will give investors better information from point of view of the dynamics of volatility of the Malaysian listed property companies' performance within mixed-asset portfolios. The findings show that listed property companies demonstrate high volatility compared to other mixed-asset portfolios during the periods of outbreaks. This indicates Malaysian listed property companies were the most volatile investment in mixed-asset portfolios. This empirical study will contribute significantly to institutional investors, especially in terms of the investment decision-making process during outbreaks. (original abstract)

Słowa kluczowe

EN

Real estate; Equity portfolios; COVID-19

PL

Nieruchomości; Portfel akcji; COVID-19

• Czasopismo: Real Estate Management and Valuation
• Rocznik: 2021
• Numer: vol. 29, iss. 3
• Strony: 87--93

Twórcy

autor

Muhammad Najib Razali

• Universiti Teknologi Malaysia

autor

Rohaya Abdul Jalil

• Universiti Teknologi Malaysia

autor

Ahmad Faisal Shayuti

• Universiti Teknologi Malaysia

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Identyfikatory

DOI

doi.org/10.2478/remav-2021-0024