不动产收益权质押作为一种新型金融业务,体现着新型的法律关系。
Hypothecate loan of usufruct from immovable properties is a brand new financial business, which implies a new legal nexus.
截至2008年6月30日,耶鲁大学仅配置了10%的美国股票,4%的固定收益证券,另有15%的国外股票和29%的所谓不动产。
Yale allocated just 10% to U.S. equities and 4% to fixed income, with 15% in foreign equities and 29% in so-called real assets as of June 30, 2008.
最普遍持有的美国不动产投资信托的收益已经低于国债,同时英国最好的地产的收益率也已经低于金边债券。
Yields on the most commonly held American REITS are lower than those on treasury bonds, while prime British properties yield less than gilts.
So,70% of the portfolio is in absolute return, real assets,private equity, alternatives--broadly defined.
因此资产的70%分布于绝对收益组合,不动产,私募权益等广泛的投资品种中
When you look at each of those individual asset classes -domestic equities, foreign equities, bonds, real assets, absolute return and private equity -each of those individual asset classes is going to be relatively well-diversified in terms of exposures to individual positions or individual securities.
当你观察每一种资产,比如国内股权,国外股权,债券,不动产,绝对收益和私募股权,这其中每一种,比起单一头寸或单一证券,风险都是相对分散的
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