Despite warnings from many market commentators not to use past performance as a measure of future performance, it has become common practice for many investors to base their investment decisions on the performance of unit trusts.

Over the past three or so years, listed property has come into its own as an asset class, and this has generated much media hype and interest among potential investors.

Property analysts are cautioning people not to invest blindly because it is an expensive asset class.

DURBAN Listed properties should offer returns of more than 20% a year in the next five years, given a stable inflation scenario and reasonable economic growth, Marriott Unit Trusts MD Simon Pearse said yesterday.

GIVEN the poor performance of equity markets worldwide, many SA investors with money offshore are now questioning the wisdom of their overexposure to this asset class.