Active managers failed to help trust investors.

Australasian Business Intelligence, June, 2009

Byline: Jane Searle

Jun 09, 2009 (The Australian Financial Review - ABIX via COMTEX) -- The average Australian real estate investment trust lost 56 per cent in the year to April 2009, against a loss of 57.2 per cent for the S&P/ASX 200 Index. Legg Mason's head of listed property, Ashton Reid, says active fund managers were not rewarded for their risk-taking in the early stages of the global financial crisis, although he said the situation began to reverse in March 2009.

Publication Date: 10 June 2009

 
WESTFIELD GROUP - ASX WDC 
APN PROPERTY GROUP LIMITED - ASX APD 
STANDARD AND POOR'S ASX 200 A-REIT INDEX 
STANDARD AND POOR'S ASX 200 INDEX 
LONSDALE SECURITIES LIMITED 
VANGUARD PROPERTY SECURITIES INDEX FUND 
APN PROPERTY FOR INCOME FUND ...

            
        
    
    	    
                
                
	

		

					 
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