Investors continue to ignore market hedging strategies.
The REITs are paying distributions to shareholders that exceed cash flow, in some cases by a wide margin.
Massachusetts securities regulator says agents for six B-Ds and an RIA submitted unauthorized proxy votes for nontraded REITs controlled by a Nicholas Schorsch firm.
Move would generate fees and income from 20-year management agreements.
UDF IV also has suspended distributions to shareholders.
Forget 10%, the firm's new business development company has a hard cap on fees and commissions at 8.95% of gross offering proceeds.
The real estate investment trust will seek to sell its assets and return the proceeds to shareholders, pay off its debt and delist from the New York Stock Exchange.
Plus: Gold is investing in monetary chaos, corporate bonds fly off the shelves, and more fuzzy employment math
Real estate-focused exchange traded funds attracted $1.5 billion in new money in June, followed by $1.3 billion the month before, according to FactSet.
Robert A. Stanger & Co. critical of proxies firm has sent out in preparation for possible consolidations.
Robert Froehlich says fact that both acquiring REIT and REIT being acquired have same CFO is a 'manifest conflict of interest.'
<i>Breakfast with Benjamin</i> Forty-five years after being barred from the investment industry by the SEC, Donald Conrad was still able to rip off investors.
Little to indicate the ETF industry is fully prepared for a major rush to the exits by investors.
<i>Breakfast with Benjamin</i> The saga of a Moore Capital fund manager involves a $27,000 Airbnb rental, a $1 million lawsuit, and “dwarfs with Champagne guns."
<i>Breakfast with Benjamin</i> Liquid alternative strategies are growing up, and that means some growing pains.
The wealth manager overbilled for investments in REITs and BDCs
The fallout from Britain's shocking vote could last at least two years. Meanwhile, advisers told their clients to <a href="http://www.investmentnews.com/article/20160624/FREE/160629940/financial-advisers-reach-out-to-clients-as-stocks-plunge-in-brexit">keep calm and carry on</a> as stock markets tumbled, creating a buying opportunity.
Weighing the pros and cons of the new registered fund
The average long-term government bond fund has soared 10.1% this year, according to Morningstar.
The departures include top managers and the closure of some funds.
