Securitized real estate shares in the US led a partial rally in global markets last week. Real estate investment trusts (REITs) posted a fractionally higher return over the second-best performer: bonds in emerging markets. Overall, returns for the trading week ended Friday, June 14, were mixed for the major asset classes, based on a set of exchange-traded funds.
The Vanguard Real Estate ETF ([[VNQ]]) closed at a new record high at last week's close. Upside momentum has lifted the ETF in eight of the past ten calendar weeks.
The prospect of flat or falling