Jim Simons, the « Michael Jordan » of finance retires
Jim Simons has officially announced his retirement, leaving the reins of "Medallion Fund" - without doubt one of the greatest performing management funds in history - in the hands of his two co-successors, Peter Brown and Robert (...)
Nomura, Asia’s global investment bank, today announced the launch of its first robo advisor, providing automated, goal-based asset management advisory services to retail investors in Japan. Developed jointly with Nomura Research Institute, the service is now available via the (...)
Inovalis Real Estate Investment Trust announces it has committed to fund an acquisition and redevelopment loan related to an office property located in Paris Western periphery
Inovalis Real Estate Investment Trust (the "REIT") announced today that it has committed to fund a EUR21.7 million ($32.1 million acquisition and redevelopment loan related to an office property (the "Property") located in Rueil, in Paris Western (...)
Hines REIT Completes $1.162 Billion Sale of Office Assets
Hines Real Estate Investment Trust, Inc. (“Hines REIT") announced today it has completed the sale of seven West Coast office assets to a Blackstone affiliate for $1.162 billion. Shareholders approved the board-recommended plan to liquidate and dissolve Hines REIT during its (...)
CalPERS Joins Global Sustainability Benchmark for Real Assets Program
The California Public Employees’ Retirement System (CalPERS) announced external real estate managers within the Fund’s Real Assets Program will begin reporting into GRESB, formerly the Global Real Estate Sustainability Benchmark, in (...)