Survey Finds Fund Managers Shy Away from Real-Estate Investment Trusts
Fund Managers' Underweight Position on REITs Revealed in BofA Survey
The recent BofA Securities survey discloses a striking underweight stance adopted by fund managers towards real-estate investment trusts (REITs). This apprehension is reminiscent of the cautious sentiments prevailing during the 2009 financial crisis. The survey findings indicate a lack of enthusiasm for REITs among investors, which may have adverse effects on market behavior.
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