Nicholas Schorsch is taking a step back from the top role at three nontraded REITs he controls, handing the reins of two to his longtime investment partner. <i>See also: <a href="//www.investmentnews.com/article/20140917/INFOGRAPHIC/140919935"" target=""_blank"" rel="noopener noreferrer">Schorsch's vast web of businesses</a></i>
Cited for due-diligence failure and not mentioning millions in fees received.
Determining whether these ideas have a place in client portfolios, and how to adjust allocations to take advantage of them.
Assets flood non-U.S. funds, but a broader allocation comes with trade-offs in a volatile world.
S&P 500 caps first four-session loss in 13 months Monday with big decline as fear gauge spikes.
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Liquid alts and robo-advice emerge as major stories
Cheaper energy means there are no signs that inflation is approaching the Fed's 2% target, says Bill Gross.
The budget increase the SEC received from Congress is “insufficient” to significantly boost investment-adviser examinations, according to an SEC official charged with representing retail investors.
The accountant for eight nontraded REITs managed by Nicholas Schorsch's privately held real estate manager, American Realty Capital, has resigned.
Answers to three big questions when investigating nontraded REITs, BDCs are key before investing client assets
iShares manager says money from active managers was primary driver of record 2014.
Index will mainly act as a benchmark for the universe of six dozen individual BDCs until an investible version is created.
'The only thing that's working right now is the S&P'
'Upside outweighs downside,' according to RCAP analyst; debt downgrade result of resignations
Mr. Khuzami, who is now a partner at Kirkland & Ellis, has signed on as Mr. Kay's attorney in the defense of a complaint filed in December.
A blockbuster lawsuit alleging misconduct by Nicholas Schorsch is one of many issues confronting his vast real estate empire.
Investors in a nontraded REIT launched by Tony Thompson, the one-time noted real estate sponsor, were told last week that the net asset value of the REIT had eroded by nearly 30%.
Industry "floored" by allegation that REIT czar had hand in $23 million accounting error at American Realty Capital Properties.
<i>Breakfast with Benjamin:</i> Cheap oil draws interest in energy ETFs. Plus: Finding value under the hood of hedge funds, how to talk like a Wall Street guru, and get insurance or get ready for Obamacare taxes.
