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| Where I Am? | Viewer ==> Listed property sector – REITS in South Africa | |||||||||||||
Listed property sector – REITS in South Africa |
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| Stanlib Collective Investments | Q2 of 2023 | 2 years ago |
Prior to SA REIT legislation, there were historically two forms of listed property investment entities, namely Property Loan Stock (PLS) and Property Unit Trusts (PUTs). The complexity around PLSs and PUTs was difficult for investors to understand and caused confusion as to how income distribution was taxed.
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Ninety One Fund Managers derived their name from the year it was founded, 1991, initially called Investec Asset Management.Coronation Fund Managers was founded in 1993, by 18 group of investment professionals.Asset manager Allan Gray UT Manco was founded by the same person Allan Gray in 1973. |
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| Disclaimer |
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| Please note that unit trusts investmets are generally classified as long-term investment products not suitable for trading and speculation. |