Asset Manager News
DOL fiduciary rule not yet caught up in Trump maelstrom January 31, 2017

DOL fiduciary rule not yet caught up in Trump maelstrom

DOL fiduciary rule not yet caught up in Trump maelstrom Speculation mounts as to what is taking administration so long to act Jan 31, 2017 @ 1:07 pm | by Mark Schoeff Jr. | InvestmentNews.com President Donald Trump has been the disrupter that he promised to be. He is signing executive orders at a pace that makes…
Medley Launches Sierra Total Return Fund January 31, 2017

Medley Launches Sierra Total Return Fund

Medley Launches Sierra Total Return Fund January 31, 2017 09:00 AM Eastern Standard Time | BusinessWire NEW YORK--(BUSINESS WIRE)--Medley Management Inc. (NYSE: MDLY) (“Medley”), a credit-focused asset management firm, today announced the launch of Sierra Total Return Fund (NASDAQ: SRNTX or the “Fund”), a closed-end investment management company that is operated as an interval fund.…
KBS REIT Shareholders Approve Plan of Liquidation January 31, 2017

KBS REIT Shareholders Approve Plan of Liquidation

KBS REIT Shareholders Approve Plan of Liquidation January 31, 2017 | James Sprow | Blue Vault KBS Real Estate Investment Trust Inc.'s shareholders approved the company's liquidation and dissolution plan at its January 27 annual shareholder meeting. According to the 8-K filed on that day, the principal purpose of the Plan of Liquidation is to…
REITs Ramp Up Year-End Buying Activity January 30, 2017

REITs Ramp Up Year-End Buying Activity

REITs Ramp Up Year-End Buying Activity Property Acquisitions in December 2016 by REITs Already Top December 2015 by 30% with More Deals Still to be Reported January 18, 2017 | by Mark Heschmeyer | CoStar Real estate investment trusts, both public and non-traded, began 2016 as major net sellers of property seeking to capitalize on higher…
SEC could step up if DoL fiduciary rule is overturned, FINRA CEO says January 30, 2017

SEC could step up if DoL fiduciary rule is overturned, FINRA CEO says

SEC could step up if DoL fiduciary rule is overturned, FINRA CEO says January 23 2017, 9:56pm EST | Chelsea Emery | FinancialPlanning The SEC has been authorized to craft its own fiduciary standard under the 2010 Dodd-Frank Act. However, the regulator has yet to act. In their wide-ranging conversation, Cook spelled out what he saw as…
CNL Growth Announces NAV of $5.01 Per Share January 30, 2017

CNL Growth Announces NAV of $5.01 Per Share

CNL Growth Announces NAV of $5.01 Per Share January 27, 2017 | James Sprow | Blue Vault On Jan. 24, 2017, the board of directors of CNL Growth Properties, Inc., established an updated estimated net asset value (NAV) of $5.01 per share of common stock as of Dec. 31, 2016 (2016 NAV), representing the fifth…
Broker-dealers have different views on recruiting over next six months January 30, 2017

Broker-dealers have different views on recruiting over next six months

Broker-dealers have different views on recruiting over next six months DOL rule could prompt some advisers to move ahead of time — and others to stay put until they gauge rule's impact Jan 12, 2017 @ 4:15 pm | Bruce Kelly | InvestmentNews.com Senior executives at leading independent broker-dealers are split in their assessment of recruiting over…

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