Peter Hardy, CFA, Vice President and Client Portfolio Manager for the American Century REIT fund, was our guest speaker for our teleclass last Thursday. He spoke to us about the current economics affecting real estate investment trusts (REITS).
Peter represents portfolio management in communicating investment strategies and results to clients. Prior to joining American Century Investments in 2008, he was director of institutional client service and consultant relations at Morgan Asset Management, the investment management subsidiary of Regions Financial. Peter also was chief financial officer for Regions Financial Benefit Plans. Previously, he was vice president and equity portfolio manager at Trusco Capital Management and portfolio manager at STI Capital Management. Peter earned a bachelor’s degree in business administration from Furman University. He is a CFA charterholder and a member of the CFA Institute.
REITS, along with about everything else, crashed last year. Will they end up burning in 2009 or do they represent the buy of the century? Find out by listening to the teleclass. You can listen by clicking here and going to the KFG Client Only section of our website. Use your password to log in, then search under “Teleclass”. If you do not have a password or are having trouble with your current password, e-mail Lindsay (firstname.lastname@example.org) and she will assist you.