Top-Performing Managers of Global Real Estate Composites, 4th Quarter 2011
| Top 10 managers: one-year return | Category | Gross return | Net return |
| Morgan Stanley Glob. Infra. Sec. | US SA Global Real Estate | 13.87 | 12.60 |
| Heitman Glob. Divers. Strategy | US SA Global Real Estate | 2.53 | 1.76 |
| Heitman Glob. Focused Strategy | US SA Global Real Estate | 2.42 | 1.59 |
| Forum Securities Glob. Liq. Core | US SA Global Real Estate | 2.27 | 2.07 |
| Duff&Phelps Glob. RE Securities | US SA Global Real Estate | 1.96 | 1.10 |
| Brookfield Glob. RE Securities (L) | US SA Global Real Estate | 0.20 | -0.34 |
| Forum Securities Global Income | US SA Global Real Estate | -0.46 | -1.25 |
| Adelante Global Strategy | US SA Global Real Estate | -1.69 | -2.18 |
| Delaware Glob. RE Securities | US SA Global Real Estate | -2.95 | -3.85 |
| Cornerstone Glob. RE Securities | US SA Global Real Estate | -3.11 | -4.19 |
| Top 10 managers: five-year return | Category | Gross return | Net return |
| Global RE Securities-SCA | US SA Global Real Estate | -2.64 | -2.91 |
| Adelante Global Strategy | US SA Global Real Estate | -3.06 | -3.87 |
| Brookfield Glob. RE Securities (L) | US SA Global Real Estate | -3.38 | -5.52 |
| CBRE Clarion Global Real Estate | US SA Global Real Estate | -3.60 | -4.22 |
| AEW Glob. Divers. REIT (EPRA) | US SA Global Real Estate | -3.90 | -4.69 |
| Forum Securities Glob. Divers. | US SA Global Real Estate | -4.05 | -4.74 |
| EII Global Real Estate Securities | US SA Global Real Estate | -4.11 | -5.05 |
| Morgan Stanley Glob. Real Estate | US SA Global Real Estate | -4.24 | -4.80 |
| Invesco Global REITs | US SA Global Real Estate | -4.56 | -5.32 |
| Forum Securities Global Income | US SA Global Real Estate | -5.36 | -6.11 |
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