18.09.2012 - IPD Italy biannual property fund Index down by 2.3pct in H1
The Italy biannual property fund Index published by global information provider IPD, recorded a total return of -2.3% in the first six months of 2012, with the annual figure at -4.8%. In its second consecutive negative performance, the Index reported a negative difference of 350 bps compared to the same period last year. The Index sample remained unchanged at 39 closed-ended domestic funds, accounting for a total NAV of just below 8bn, and assets under management at 13.4bn...............................................Full Article: Source
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