Financial Times FT.com

Funds lose out in a scramble to divest assets

By Sundeep Tucker

Published: August 24 2008 20:57 | Last updated: August 24 2008 20:57

The rush by Australian-listed infrastructure funds to divest assets is in danger of turning into a stampede.

Three such high-profile announcements last week have shone an unwelcome spotlight on a sector that until recently was a darling of the stock market.

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