Investment

The former Fed chairman discussed his outlook on the broader economy and what it might mean for commercial real estate demand.

A model portfolio composed of 60% U.S. stocks and 40% bonds has climbed 13% year-to-date, in line with the S&P 500 Total Return Index and bigger than the 3.5% gain in the HFRX Global Hedge Fund Index.

The central bank’s corporate-bond facilities may expire on Dec. 31, but their legacy will inform investor behavior for years to come.

Pershing will be offering the new UMA through its Lockwood Advisors affiliate.

A virtual event last week brought together ultra-high-net-worth individuals, family office staff/members and investors to discuss commercial real estate trends.

Dimensional Funds released two actively-managed products, one focused on U.S. equities and the other on international stocks.