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Real Estate Briefing - Categorized | ETFs, REITs more

REIT ETFs positive this year as investors chase yield

Posted on 15 September 2011

Investors hungry for yield have shoveled a record amount of cash into mutual funds and exchange traded funds that invest in real estate investment trusts.
According to Citigroup Global Markets, investors allocated $3.7 billion into mutual funds that invest in U.S. real estate investment trusts this year, the most new money added since 2006, report Oshrat Carmiel and Margaret Collins for Bloomberg. Total assets in the sector funds, including ETFs, are at a record $96 billion………………………………………Full Article: Source


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