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So many investors have been bailing out of actively managed mutual funds and piling into index and quasi-index funds via exchange-traded funds (ETFs) that, as Bloomberg Business Week points out, we’ve reached the point where there are now “more cartons than eggs.” That...

The “modern REIT era” dates back to legislation passed in 1960. In the last half century, the sector has evolved from being a small unloved (deservedly at times), misunderstood and volatile investment alternative into an almost-mainstream category. In recognizing their...

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