Timberland in institutional portfolios and the question of persistence

Forest Products Journal

Volumn 48, Issue 4, 1998, Pages 23-28

  Caulfield, Jon P ^a,b  

^a UNIVERSITY OF GEORGIA   (United States)

^b FOREST PRODUCTS SOCIETY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0032047195     PISSN: 00157473     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (9)

1. Binkley, C.S., C.F. Raper, and CL. Washburn. 1996. Institutional ownership of U.S. timberland. J. of Forestry 94(9):21-28.
2. Caulfield, J.P. 1994. Assessing timberland investment performance. Real Estate Review 24(1):76-81.
3. _. 199_. A fund-based timberland investment performance measure and implications for asset allocation. Southern J. of Appl. Forestry (in press).
4. Conroy, R. and M. Miles. 1989. Commercial forestland in the pension portfolio: The biological beta. Financial Analysts J. 45(Sept.-Oct.):83-94.
5. Hancock Timber Resource Group. 1994. The John Hancock timber index: Historical returns for timberland. Res. Note 93-1. Boston, Mass.
6. Markowitz, H.M. 1959. Portfolio selection. J. of Finance 7:77-91.
7. Miles, M.E. 1996. The enhanced core: Performance distinctions between alternative definitions of the baseline real estate portfolio. Real Estate Finance 13:83-84.
8. National Council of Real Estate Investment Fiduciaries and Frank Russell Company. 1994. Special report: The Russell-NCREIF timberland index. The Russell-NCREIF Real Estate Performance Rept., 3rd Quarter, pp. 17-20.
9. Zinkhan, F.C. 1990. Timberland indexes and portfolio management. Southern J. of Appl. Forestry 14:119-124.