Why the Financial Sector Will Be Better Off Without REITs - News Summed Up

Why the Financial Sector Will Be Better Off Without REITs


The financial sector may become a smaller and bumpier place to invest in the coming months as real-estate companies strike out on their own. It may also prove a better place for investors to put their money. At the end of this week, S&P Dow Jones Indices and MSCI will split off real-estate investment trusts from financial stocks, creating a new stock-market sector to stand alongside the 10 that they designated in 1999. The decision is a reflection of both of REITs’ success—within the S&P 500, they have returned...


Source: Wall Street Journal September 11, 2016 15:56 UTC



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