Index will mainly act as a benchmark for the universe of six dozen individual BDCs until an investible version is created.
'The only thing that's working right now is the S&P'
'Upside outweighs downside,' according to RCAP analyst; debt downgrade result of resignations
Mr. Khuzami, who is now a partner at Kirkland & Ellis, has signed on as Mr. Kay's attorney in the defense of a complaint filed in December.
A blockbuster lawsuit alleging misconduct by Nicholas Schorsch is one of many issues confronting his vast real estate empire.
Investors in a nontraded REIT launched by Tony Thompson, the one-time noted real estate sponsor, were told last week that the net asset value of the REIT had eroded by nearly 30%.
Industry "floored" by allegation that REIT czar had hand in $23 million accounting error at American Realty Capital Properties.
<i>Breakfast with Benjamin:</i> Cheap oil draws interest in energy ETFs. Plus: Finding value under the hood of hedge funds, how to talk like a Wall Street guru, and get insurance or get ready for Obamacare taxes.
On the <i>Breakfast with Benjamin</i> menu today: Mohamed El-Erian breaks down the better-than-expected economic growth numbers. Plus: Warren Buffett's big year, gold investors are only starting to feel the hurt, and finding value where others only see tax-loss selling.
As one investor, with $50 million in the well-known analyst's fund, asks for redemption, three execs depart from fund that launched in November 2013.
As economic strength and Fed policy push the greenback to a 7-year high, market strategists see knock-on gains for other assets.
In a preliminary decision, the Securities and Exchange Commission has rejected applications for nontransparent ETFs from BlackRock, Inc. and Precidian Investments, determining that the proposals are not in the public interest.
Up to $13.6 billion in fresh equity expected to flow from listings, mergers and special distributions.
Giving the Fed credit and blame for pushing markets past fundamentals.
The gap will probably endure for years as job growth spurs demand for office, retail and apartment properties faster than Americans can buy new houses.
American Realty Capital Properties Inc.'s former chief accounting officer alleges the ex-chairman ordered numbers to be changed.
Smart money should be focused on finding ways to help advisers first navigate the liquid alts world.
REIT czar resigns from RCAP, boards of 11 AR Capital affiliates. New chairman says change allows company to simplify governance, minimize 'perceived' conflicts and cut complexity. (And check out <a href="//www.investmentnews.com/gallery/20141223/FREE/122309998/PH"" target=""_blank"" rel="noopener noreferrer">the triumphs and trials of Nick Schorsch</a>.)
Booming equity markets leave investors blissfully unaware of risks.
On Friday's <i>Breakfast with Benjamin</i>, advisers are starting to shun alternatives to avoid the risk of missing out on the stock market's run. Plus: Venezuela's sinking credit rating, attractive valuations even at these prices, and investing rules from Stephen Colbert