New Hire Roundup: Marc Seidner Joins PIMCO as Managing Director
Also, BlackRock has named Chip Castille chief retirement strategist, a new position.
REITs Outpace S&P 500 in April, Equity Market YTD
Self-storage was the industry's top performing sector, with health care coming in second, NAREIT says.
REITs Outpace Broader Equity Market in First 2 Months of 2014
U.S. REITs outpaced the S&P 500 in February and "significantly" outperformed the broader equity market in the first two months of the year, NAREIT says.
After Slow ’13, REIT ETFs Lookin’ Up
Broad factors should lead to improvement in the sector, experts say, as real estate funds move into positive territory in January.
REIT Supporters Blast Interest Rate Worries as Myth
Despite investor concerns, REITs historically perform well during most periods of rising interest rates, NAREIT says.
REITs Outperformed S&P 500 in September
“REITs continue to deliver attractive dividends,” said NAREIT CEO Steven Wechsler, noting that they paid out $29 billion in dividends in 2012.
REITs Post Gains in First Half of ’13 but Trail Broader Equity Market
U.S. REITs posted gains overall for the first six months of 2013, with lodging/resorts, health care and self storage being the top three major property sector performers, according to NAREIT.
CBS Hears the Call of the REIT: It’s Not the Taxes, It’s the Yield
Coverage of CBS' spinoff of its outdoor advertising segment as a REIT has made much of the fact that REITs pay no corporate income taxes. But a NAREIT spokesman says the real story is not taxes but the ongoing search for yield in a low-rate environment.
REITs Outperform S&P 500 for Fourth Straight Year
Although the housing market continues to struggle, commercial property once again outperforms.
New Hire Roundup: American Century Names Bannigan COO
Also this week in new hires, Monte Garpestad went to Securities America, and the RIIA named Peng Chen academic curriculum director of its retirement management analyst curriculum.