Real estate investment trusts are saying so long to being bundled with financials in their industry classification, getting their own new category called, no shocker here, real estate, as of Aug. 31, according to an article in Bloomberg by Rani Molla.
HousingWire first reported on this at the end of last year. After a ho-hum 2015 that saw investors crammed by market compartmentalization, the people behind the Samp;P 500 revealed an idea to put a little surge back into the stock market.