Investment managers urge REIT investors to stay the course
REITs have been one of the best-performing asset classes for the last several years, with the S&P Global REIT posting nearly 140% in returns since March 2009. However, there are fears that the expected rise in interest rates will slow momentum and cause investors to flee. Investment managers such as Wells Fargo and State Street are advising shareholders to stay put as REIT fundamentals will remain strong.
