For star bond manager Jeffrey Gundlach, the U.S. housing recovery isn't very rosy and so he's avoiding subprime debt despite its big rally in 2013.
Says adviser is lowballing American Spectrum.
Performance history indicates that all the attention around IPOs means regular investors need to exercise extra caution.
Initial public offerings are hot, but hot items can be too hot to handle and burn the unwary.
The broker-dealer saw its shares dip again on Thursday after it lowered the price of its secondary offering. That follows a 37% decline in the company's share price in the past month. Investors, however, could stand to benefit. Bruce Kelly has the story.
Between <a href="http://www.investmentnews.com/article/20140529/FREE/140529913">RCAP's stock offering</a> and real estate firm's executive comp plan, Nicholas Schorsch and his team could enjoy a multimillion-dollar payday.
Just because the mutual fund industry has been flooding the market with nontraditional bond funds is no reason to jump blindly into the space, according to Eric Jacobson, senior fund analyst and co-head of fixed income at Morningstar Inc.
Buyers of junk bonds are retreating to the market's more obscure securities as the rise of exchange- traded funds fuels concern that such fast-moving cash is exacerbating price swings.
In stunning turnaround, the noted real estate investor gets $1.07 million for his shares in disputed REIT, ending a <a href="//www.investmentnews.com/article/20131029/FREE/131029892"" target=""_blank"" rel="noopener noreferrer">proxy fight</a>. But the story's not over. <i>(See also: <a href="//www.investmentnews.com/article/20130120/REG/301209971"" target=""_blank"" rel="noopener noreferrer">Tony Thompson's hard times</a>)</i>
Noted real estate investor Tony Thompson, enmeshed in a proxy fight for control over a nontraded real estate investment trust he launched in 2009 but was ousted from in August, is fighting back.
Finra claims that the noted real estate investor Tony Thompson defrauded investors in a $50 million note program.
Berthel Fisher, not long after settling most of their claims over DBSI, gets hit with a lawsuit over a failed private placement notes deal by a noted real estate investor. Bruce Kelly has the details.
