In recent weeks, the eyes of the financial world have been firmly fixed on Turkey, since its lira plunged in reaction to a doubling of trade tariffs by the United States.
Real estate investment trusts, which pool resources to invest in rental-income properties, have led as the top-performing asset class and been the ideal response to low interest rates. Recently the GICS recognized this success by introducing a new equity market sector category for real estate companies, guaranteed to attract investors.