Kim Lew Discusses The Impact Of Technology, Innovation On Investment Portfolios
Kim Lew is the vice president and chief investment officer of Carnegie Corporation of New York, the oldest private foundation in the country established in 1911. Prior to Carnegie, she spent 13 years at the Ford Foundation and also worked at Prudential Capital and Chemical Bank. During this keynote, Kim discussed her 25 plus years managing portfolios for renowned Foundations; Carnegie's view on innovation and technology and how it's impacting institutional portfolios; and why she agrees with Warren Buffet's call for contrarian investing.
Blackstone Invests In Miami Industrial Market With $56M Airport Trade Center Buy | Daily Business Review
The purchase of the three-building property highlights the healthy appetite among institutional investors for South Florida industrial product. : Investment giant The Blackstone Group Inc. bought a big industrial property west of Miami International Airport for $56 million, highlighting the healthy appetite in the sector from institutional investors. Lidia Dinkova covers South Florida real estate for the Daily Business Review. Contact her at LDinkova@alm.com or 305-347-6665. On Twitter @LidiaDinkova.
Numbrs Is The Latest To Join The Fintech Unicorn Club
This is an excerpt from a story delivered exclusively to Business Insider Intelligence Fintech Briefing subscribers. To receive the full story plus other insights each morning, click here. The Zurich-based fintech, whose investors include former Deutsche Bank CEO Josef Ackermann, raised $40 million at a valuation of over $1 billion, reports Bloomberg. The latest investment brings Numbrs' total raise to date to almost $200 million, CEO Martin Saidler told the outlet.
Who Is Markopolos's Mystery Ge Short Seller? No One Is Talking
When Harry Markopolos dropped his bombshell report skewering General Electric Co., he revealed that he was working with a short seller to profit from the stock's decline. Eight days later, that firm's identity remains a mystery. Markopolos has offered few details about his partner, saying only that it's a midsize hedge fund based on the East Coast -- and one not normally known for shorting. "I promised confidentiality," the accounting examiner said on CNBC. Off-the-record conversations with a number of players in the short-seller community haven't turned up much intel either. Most people seem to be at a loss.
Japan's Biggest Asset Manager To Expand Into U.s. Market: Ceo
Japan's biggest asset manager plans to expand into the United States for the first time as part of efforts to win more money from overseas clients, its chief executive told Reuters.
Bury's Future Hangs In The Balance: Weekend Football Countdown - Live! | Football
Shakers await fate amid threat of extinction after 135 yearsJames Bentley: losing Bury would devastate a communityYou can email Barry or tweet @bglendenning or post BTL 2.24pm BST Bolton Wanderers: "Former Bolton boss Phil Parkinson has spoken out following his resignation from the club this week, to say he left with "a heavy heart". Along with his assistant Steve Parkin, the 51-year-old resigned from from the beleaguered League One club yesterday.
David Koch, Industrialist Who Fueled Right-wing Movement, Dies At 79 - The New York Times
A man-about-town philanthropist, he and his brother Charles ran a business colossus while furthering a libertarian agenda that reshaped American politics.
New Lab Trains Welfare Workers Who Probe Child Abuse Claims >> Albuquerque Journal
CHICAGO -- The troubling scene inside the dingy Chicago apartment seems real: dangling exposed wires, open pill bottles near a sleeping baby and a kitchen strewn with dog feces and cockroaches. But the mock apartment -- with a lifelike infant doll, candles emitting foul smells and plastic insects -- is part of a new simulation [...]
Standalone Funds Not Always Subject To Cma Tender Rules
Pension funds that decide to invest in standalone fiduciary management funds are being reassured that they will not be subject to mandatory tendering requirements.
Foresight Plans A$200m Fundraise For Infrastructure Debt Fund | News | Ipe Ra
Foresight Renewable Energy Income Fund plans A$50m first close in November. : London-based fund manager Foresight Group is planning to launch its first infrastructure debt fund in Australia later this month, seeking to raise up to A$200m (EUR122m) to finance renewable energy projects. The Foresight Renewable Energy Income Fund is aimed at Australian institutional investors such as industry super funds, but will also be open to global investors. Kim Nguyen, head of Australia, Foresight Group, told IPE Real Assets that pre-launch discussions with potential investors had yielded a positive response.
Chinese Outbound Real Estate Investment At Seven-year Low | News | Ipe Ra
Mainland Chinese real estate investment overseas was down 66% to US$3.8bn. : Chinese outbound real estate investment in the first half of 2019 fell to a seven-year low due to domestic policy restrictions and global economic uncertainties, according to new research from Cushman & Wakefield Research. During the first six months of the year, mainland Chinese real estate investment overseas (MCREIO) was down 66% to US$3.8bn (EUR3.44bn) and Hong Kong real estate investment overseas (HKREIO) was down 31% to US$5.2bn from the same period a year earlier.