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Jun 30, 2006

Best practice: putting the fun back in income funds

A handful of business trusts are showing the rest how IR should be done

‘Doing IR for income trusts must be the worst job!’ exclaims a Canadian analyst. Business trusts, she says, are a ‘very unsophisticated market,’ and she adds: ‘They just don’t know how to handle us. Many were taken public out of greed, and a lot of them outsource IR to firms that are really just promoters. Honestly, the little ones are just going under or being bought by vulture investors.’She concedes, however, that large business trusts like BFI Canada

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