Commercial mortgage REITs are well-positioned to take advantage of increased borrower demand and the upcoming wave of maturing commercial property loans, although some risks remain. Demand for commercial real estate loans, as reported by the Fed...
Fool Me Twice Robert Pinkas was not deterred the first time, SEC charges suggest. The regulator says Pinkas stole $173,000 from a fund client to cover the costs of defending himself in a separate investigation. Pinkas then lied to the client about...
These days, problems of governance could hardly seem more acute and alive in a public consciousness driven by the information revolution. There's a heightened need to pay attention to the realities of shifting modes of governance and...
Diversify, diversify, diversify. That's the mantra for trust investing under the Uniform Prudent Investor Act (UPIA), which has been adopted in some way, shape or form in virtually every state. It makes sense. Having all of your eggs in one...
I don't know if market guru Dennis Gartman speaks French, but his recent announcement of a course correction making him once again wild-eyed bullish on stocks reminded me of a classic Gallic expression: plus a change, plus c'est la mme...
Yield-starved investors have good reason to be increasingly frustrated. Money-market funds yield next to nothing, and five-year Treasuries yield less than 1 percent. TIPS sport negative yields. The yields are likely to remain skimpy since the...
Two broad findings highlight how the economic challenges we’ve been experiencing over the past few years have fundamentally changed the relationship between the affluent investor and financial advisors.
This month we're pleased to feature a piece by Joshua Brown, a financial advisor, a blogger (TheReformedBroker.com) and, well, industry gadfly. On page 31, we adapted a chapter from his forthcoming book about financial products to avoid. The book...
