 | Stephen Pincus quoted in "Insatiable demand fuels IPOs", National Post |
March-21-2005
| Lawyer | Stephen Pincus |
| Area | REITs and Income Securities |
Details
Excerpt from "Insatiable demand fuels IPOs", by Jonathan Chevreau:
Stephen Pincus quoted:
The seemingly insatiable demand for income trusts was born of low interest rates and a paucity of high-yielding alternatives. But it would be a mistake to characterize income trust valuations as a bubble, says Stephen Pincus, chairman of the income funds group at Goodmans LLP. “A bubble connotes something empty inside but these are real businesses producing real cash flow.”
