Driving from within

Saturday, December 10, 2005

The Children's Investment Fund Management, Links REIT, managment vs board of director, 信報, soccer business.

let me organize a bit first...
  • After Links REIT, there are so more and more this kind of investment trust. Investing in this kind of fund is like investing in property-related stocks, isn't it? Is it prospective?
  • The Children's Investment Fund Management (TCI) took a large share of Links REIT, New World Development, and Sinolink (百仕達). While leading to increase of the price of those stocks, it may have impact on the management of those companies, as TCI can have a seat in the board of director (as it has a large share of stocks of those companies). Maybe let see if it would affect the management decision of those companies.
  • Recently 信報 talks about English Premier League and soccer in Europe. Unlike other newspaper focusing on talking about the soccer players and forecasting on the result of individual game, it talks about the business behind the clubs. I think that is as interesting as the games.

1 Comments:

  • At 12/11/2005 1:31 AM, Blogger CaRmen said…

    Actually, Reits is a kind of invetment tool that holds a pool of income-generating properites like shops and carparks ,it is a liquid form to invest real estate and the form is just like bonds. It allows investor to own a portion of the group of those properties. The prospective is highly depends on the yield of those property can generate, But normally, reit offer high yield.

    Most likely, the Fund manager of reits and the property manager of reit's property is of different party. The Fund manager You mean TCI is the Director of which board?

     

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