REIT stocks to get boost from new S&P sector classification
Shares of Real Estate Investment Trusts should get a bump up this year as mutual fund managers buy ahead of a September move by Standard & Poor's to create a new real estate sector in its classification systems. By some reckoning, fund managers could direct as much as $100 billion at the sector as they try to boost REIT holdings to their market weighting. Standard & Poor's will add real estate as an 11th sector to its Global Industry Classification Standard (GICS) structure after the clo
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