Real Estate Gets Sector Status; How That Will Affect ETFs
November 11, 2014 at 13:05 PM EST
After the close of U.S. markets Monday, S&P Dow Jones Indices and MSCI (NYSE: MSCI), two of the largest providers of benchmarks for exchange traded funds, announced that real estate will become the eleventh Global Industry Classification Standard (GICS) sector. “Feedback from the annual GICS...