Serenity Alternative Investments Blog - California State Teachers’ Retirement System Adds REITS to Pension Fund
Sophisticated investors have long had REITs as a portion of their real estate allocations. It’s not coincidence that as pension funds deepen their understanding of REITs, their allocations tend to increase. With the largest players in the market warming up to REITs as a stand-alone asset class, those that remain under-allocated will have to justify their lack of exposure to a s