|
|
Article: REITs gaining foothold in defined contribution; Their use in target- date funds attracts eager managers.(Real Estate)(Real Estate Investment Trusts)
- Article from:
- Pensions & Investments
- Article date:
- June 23, 2008
- Author:
CopyrightCOPYRIGHT 2008 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Arleen Jacobius
An increasing number of REIT managers are setting their sights on the defined contribution plan market in the hunt for new sources of investment capital.
The growing use of target-date and other pre-mixed funds in 401(k) plans is the major reason real estate investment trusts - both domestic and, increasingly, global - are grabbing DC business.
Some real estate investment managers are teaming up with mutual fund companies or record keepers for inclusion in stand-alone investment options or asset-allocation fund series. A few investment managers are combining direct real estate investment with REITs in their defined ...