The year-end reports have come in from a cadre of lenders who hold loans on some of the more troubled kinds of commercial real estate. The December quarter wasn’t easy for mortgage real estate investment trusts like Starwood Property Trust and Blackstone Mortgage Trust . Earnings calls among the dozen or so members of this
Legal and General Investment Management is set to overhaul its UK property fund amid pushback from investors and the regulator around liquidity issues plaguing the sector. Under the new structure, LGIM will adopt a “hybrid” approach: 45% of the portfolio will be held in direct property, with 45% reallocated into shares of globally listed real estate investment trusts.
The funds will allow the Palestinian Authority to pay teachers, health workers and other public sector employees. ADVERTISEMENT Norway says it will transfer tax funds to the Palestinian Authority (PA) that have been frozen for months because of a dispute with Israel. Under interim peace agreements dating back to the early 1990s, Israel collects taxes
If you are a serious investor, your sweetheart was likely mad at you on Valentine’s Day. That’s because you were studying the 14,000 different investment positions that hedge fund giant Citadel had at year-end. Every Feb. 14, big money managers are required to file 13F forms with the U.S. Securities and Exchange Commission, revealing many
Last Updated: Feb. 14, 2024 at 6:24 a.m. ET First Published: Feb. 14, 2024 at 4:29 a.m. ET One of the big concerns for investors in Coinbase Global is that the launch of spot bitcoin exchange-traded funds would hurt its main crypto brokerage. At one competitor, that’s not been the case. Robinhood Markets HOOD CFO
Published: Feb. 12, 2024 at 2:19 a.m. ET By Joe Hoppe Tritax Big Box said it has reached an agreement to take over UK Commercial Property REIT in an all-share offer, valuing the company at around 924 million pounds ($1.17 billion). The commercial-property investor said UK Commercial Property investors will receive 0.444 new ordinary Tritax
The Federal Reserve’s pushback on expectations for interest-rate cuts over the past two weeks has investors closing watching inflation data and piling more cash into money-market funds. Investors stashed a record $6.48 trillion away in U.S. money-market funds through the end of January, with the balance growing as euphoria in December over a Fed policy
Passive investing has become more popular than active investing in the U.S., but the trend may be changing soon, according to Jill Carey Hall, U.S. equity strategist at BofA Global Research. The amount of assets managed by passive funds have overtaken those overseen by active funds, according to data from BofA Global Research. Only 47%
The Securities and Exchange Commission is set to impose new rules that would require many private funds to register with the agency as so-called dealers, a move that regulators say will help them better monitor a sometimes wobbly market for U.S. government debt. When firms that deal Treasury bonds register with the SEC “they become
These mutual-fund and ETF investing tips keep your portfolio in the game
Published: Feb. 8, 2024 at 6:05 p.m. ET Don’t miss these top money and investing features: . INVESTING NEWS & TRENDS This fund manager stopped worrying about economics. Now he is outperforming the stock market. A change in strategy has helped transform the GoodHaven Fund from a long-term underperformer into an outperformer since the end