Allegations in dropped lawsuit included misrepresentation of objectives, holdings and dividend policy
CEO Daniel Goodwin doesn't rule out legal action against Retail Properties of America Inc., which Inland formerly controlled.
While any fund dubbed “absolute return” is automatically setting the bar way too high, the Causeway Global Absolute Return Fund deserves some credit for making every effort to remove market beta, which theoretically would leave investors with alpha, or absolute returns.
Want to get in on the ground floor of space? Consider Planetary Resources, a hot startup which aims to excavate minerals from asteroids. Don't laugh -- the company's current list of backers is mighty impressive.
Knight Capital Group Inc. opened its books to potential buyers, including private-equity firms and at least one securities-industry rival, as it seeks an investment or takeover to survive after a $440 million trading loss.
The global financial markets and economy have been unable to return to steady growth following the financial crisis that began in 2008. This has not been without occasional bouts of optimism, where momentum builds as market participants embrace a growing expectation of reaching a critical escape velocity. However, these sentimental boosts have been fleeting. While each round has been distinct, it is worthwhile to note that the cycles are eerily similar.
KBS property trust REIT down to $5.16 from launch price of $10; dividends to investors halted.
The latest research from Cerulli shows that money managers expect the assets they hold in alternative strategies to increase by at least 50% over the next three years
Managed-futures strategies haven't been hot performers for at least two years, but asset flows and investor interest suggests the strategy is being viewed as a solid hedge against risk.
Firm launches fund overseen by eight managers; interest in alts starting to wane
