Negative Returns Have Investors Pulling Away From REITs
SOURCE: Investment News
Due to loss of returns, investors are letting go mutual funds that invest in real estate investment trusts.
Financial advisers believe now is not the time to pull out of the holdings, however commercial real estate investors and even some advisers do not agree.
In the latest data available, year to date through October, monthly shows outflows are taking their toll. Investors pulled out $431 million dollars out of the category than they put in. This trend followed outflows of $1.48 billion in August, $2.35 billion in July and $1.92 billion in May.
This trend is expected to continue the category in 2008.
Read full story »
Due to loss of returns, investors are letting go mutual funds that invest in real estate investment trusts.
Financial advisers believe now is not the time to pull out of the holdings, however commercial real estate investors and even some advisers do not agree.
In the latest data available, year to date through October, monthly shows outflows are taking their toll. Investors pulled out $431 million dollars out of the category than they put in. This trend followed outflows of $1.48 billion in August, $2.35 billion in July and $1.92 billion in May.
This trend is expected to continue the category in 2008.
Read full story »
