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April 20, 2018

UTIMCO’s Strategy For 'Being Among The Best Endowments' | Britt Harris, CEO & CIO | Exclusive Q&A

Britt Harris is the president, chief executive officer and chief investment officer at The University of Texas/Texas A&M Investment Management Company (UTIMCO). In this interview, he discusses the endowment's in-depth strategy in remaining as one of the best in the U.S.; his goal in molding 500 plus investment leaders (called Titans); and how human judgment and machine learning are complementary to each other in the investment process.
Read by 49% of LPs 3 hours, 26 minutes ago

Stocks Showing 'remarkable Resilience,' Says Oppenheimer's Stoltzfus

Oppenheimer's top strategist John Stoltzfus urges investors to concentrate on fundamentals instead of the noise. : One of the market's biggest bulls is urging investors to concentrate on fundamentals instead of the noise associated with geopolitical risks. Oppenheimer's John Stoltzfus notes stocks are showing "remarkable resilience" in an environment that bodes well for gains. "Stocks have gotten through this period in relatively good shape considering we've had two separate 10 percent pullbacks with a short recovery pace in between," the firm's chief investment strategist said Friday on CNBC's "Trading Nation."
Read by 52% of LPs 4 hours, 6 minutes ago

Pharma Bro Investor Still Trying To Get His Money Back

He invested with Martin Shkreli, and paid the price. George Yaffe of Massachusetts sank $100,000 into Shkreli's hedge fund, Elea Alpha, in 2007 at the urging of his son, Lee, who was pals with the then-future felon, court papers state. But the investment never paid off, and Shkreli failed to return the cash, though he...
Read by 41% of LPs 8 hours, 26 minutes ago

Firrma Bill Is A Big Deal For Foreign Asset Owners | Swfi - Sovereign Wealth Fund Institute

The United States Treasury is analyzing options on further restricting investments into "sensitive" sectors, such as technology and defense, in the United States from Chinese state-owned capital. The U.S. Commerce Department, under the export control regime, banned U.S. companies from selling parts to ZTE Corporation, a Chinese telecommunications manufacturer, for seven years. [ Content protected [...]
Read by 79% of LPs 9 hours, 26 minutes ago

Chinese Real Estate Investment | Senior Housing

Chinese investment in senior housing in the United States has slowed to a trickle following a $1 billion-plus buying spree over the past few years. Chinese investors haven't made a transaction in U.S. senior housing worth more than $2.5 million since the first quarter of 2017, according to data from Real Capital Analytics cited in Senior Housing News. Since the beginning of 2014, Chinese investors bought about $1.4 billion worth of senior housing properties in [...]
Read by 63% of LPs 10 hours, 6 minutes ago

Och-ziff Cfo Leaves For Coinbase | Institutional Investor

Och-Ziff Capital Management Group's chief financial officer, Alesia Haas, has resigned from the hedge fund firm to become CFO at cryptocurrency company Coinbase. While Haas has already started her new role, she will be helping Och-Ziff with a transition period through June 1, according to a statement posted April 17 on Coinbase's website. Och-Ziff announced the same day that it hired Thomas Sipp, previously a managing partner at venture firm Magis Partners, to replace her as CFO.
Read by 73% of LPs 10 hours, 26 minutes ago

Timescale Is Leading The Next Wave Of Nyc Database Tech - Techcrunch

Data is the lifeblood of the modern corporation, yet acquiring, storing, processing, and analyzing it remains a remarkably challenging and expensive project. Every time data infrastructure finally catches up with the streams of information pouring in, another source and more demanding decision-making makes the existing technology obsolete. Few cities rely on data the same way [...]
Read by 34% of LPs 11 hours, 26 minutes ago

Sbi To Save Rs 30 Cr P.a. From Wind, Solar Power Investments | Business Standard News

Country's largest lender SBI today said it has saved Rs 125 crore in the last eight years by putting up 10 windmills, and expects to save Rs 30 crore annually through its renewable energy investments. The bank has installed 10 windmills having a capacity of 1.5 MW each, including six in Maharashtra, three in Tamil Nadu and one in Gujarat since 2010 and saved over Rs 125 crore in energy costs, an official statement said.
Read by 67% of LPs 12 hours, 26 minutes ago

Sbi To Save Rs 30 Cr P.a. From Wind, Solar Power Investments - The Financial Express

Energy generated through these renewable sources is solely for captive use by bank's various offices and branches across the country, making them free of any carbon emission, it said.
Read by 78% of LPs 12 hours, 56 minutes ago

Aimco Posts 10.4% Return In 2017 | Swfi - Sovereign Wealth Fund Institute

The Alberta Investment Management Corporation (AIMCo) posted its performance for the 12-month period trailing December 31, 2017, which saw its overall assets grow by 8.4% - or C$ 8.0 billion (US$ 6.1 billion) - to C$ 103.7 billion (US$ 82.3 billion). This represents returns net-of-fees on its C$ 88.2 billion (US$ 70.3 billion) worth of [...]
Read by 41% of LPs 13 hours, 26 minutes ago

I Built A Nest Egg Of $1m And I'm Only 46 -- How Do Make Sure My Kids Benefit?

This man says he's done everything right, but still loses sleep over his finances. : Over the past 25 years, my wife, 47, and I, 46, have both held professional careers, making well above the average income. Our home, purchased in 1998 for $84,000, and after $50,000 plus of upgrades and additions, is valued at $185,000. We have invested our money, maxing out 401(k)s and IRAs (including Roth IRAs) when we could. We have made investing mistakes, but we have learned from them.
Read by 76% of LPs