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REITs are getting their own grouping in major US stock indexes, and now they need to educate investors—who often view them simply as a quirky niche.
There are many money managers who don’t really know how to evaluate REITs as an industry, and that could hurt them as they break off into their own trading group. That’s why REITs are frantically tweaking disclosures, adding glossaries to earnings statements and reaching out to investors to make sure they understand the market, Bloomberg reports.
REITs make up around 3% of the S&P 500, and with the new classification money managers who follow benchmark gauges will be making substantial adjustments to their portfolios in order to include REITs. [Bloomberg]
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