Real estate money managers stanch the bleeding
Real estate money managers are still losing assets, but the outflows look to be slowing from the massive hemorrhage of 2008-09.
Total assets — excluding real estate investment trusts — of the 100 real estate managers in sister publication Pensions & Investments' annual survey dipped 5% to $677 billion during the 12-month period ended June 30.
Over the comparable period last year, total assets plummeted 30%.
During
Learn more about reprints and licensing for this article.
