"Asset managers stocks have been hit hard this year... with some down 35% to 45%, almost double the decline in the S&P 500 index. No industry is more directly tied to stock and bond markets, and a bear market depresses assets under management, revenue, and earnings. Profit estimates for 2022 lately have been declining, and earnings are on track to fall below last year's results." That's smart. However, just like with homebuilder stocks, they look appealing in this complicated market. Many asset managers shares are trading for 10x projected 2022 earnings - or less - and yield 3%-5%.
Three GMP Buildings in Fremont, California Acquisition Executes on Firm's Growth in Specialized Asset Class CHARLOTTE, N.C., June 28, 2022 /PRNewswire/ -- Barings, one of the world's largest diversified real estate investment managers, announced today its acquisition of a portfolio of three life science assets totaling 228,025 square feet in Fremont, California from Angelo Gordon & Company. Lincoln Property Company has joined Barings in the venture, and Newmark has facilitated the transaction.
Pfizer Inc. (NYSE:PFE) Goldman Sachs 43rd Annual Global Healthcare Conference June 15, 2022 11:40 AM ET Mikael Dolsten - Chief Scientific Officer and President, Worldwide Research, Development & Medical Welcome to our session here at the Goldman Sachs Healthcare Conference. I'll have to let Keira know that we observe that 8-hour, 5-minute time difference between here and London. And we're super pleased here to have Pfizer join us. My name is Chris Shibutani. I'm a member of the Goldman Sachs research team covering pharmaceuticals and biotechnology.
These five startups are leading the pack with enterprise software that digitizes financial services. : The prospect of a bear market may have retail investors frowning at their 401(k)s, but some of the firms powering Wall Street's big banks and retail brokerage firms thrive when volatility and trading volumes climb. Five companies with a growing behind-the-scenes presence in finance and enterprise software are on this year's Fintech 50 list, recognizing America's most innovative and influential fintech startups. Digital broker-dealer DriveWealth and identity verification firm Persona are both making their debuts on the list.
A Tool for Portfolio Management - While the secondaries market has traditionally provided opportunities for limited partners to exit from private equity funds, there has been an increase in General Partner (GP)-led secondary transactions in recent years. As part of this trend, private fund sponsors are using the formation of Continuation Funds as a portfolio management tool, providing benefits to the various parties involved, which contrasts with the historical perception that such vehicles are...By: Bennett Jones LLP.
Even for investors who have significant resources and a higher tolerance for illiquidity, listed real estate can offer benefits beyond those found in private equity real estate. For more than three decades, REITs have provided an attractive intersection of benefits to those seeking commercial real estate investments. A performance advantage over private equity real estate (PERE) funds, now documented by rigorous academic research, simply underscores the opportunity for all investors, according to Virtus. A recent article in the Journal of Portfolio Management delivered important findings for investors who maintain an allocation to real assets.
FARMINGTON, Conn., May 16, 2022 /PRNewswire/ -- Horizon Technology Finance Management LLC ("Horizon"), a registered investment adviser that underwrites and manages secured loans made to companies in the technology, life science, healthcare information and services, and sustainability...
Franklin Templeton and Motive Partners join the latest round, which will fuel additional growth at the wealthtech startup incubator. : Despite days of overall market turmoil, there is some positive news in the fintech sector as startup incubator and holding company TIFIN announced the close of its $109 million Series D funding round. The firm has been going gangbusters the last two years and announced, along with the latest funding, a new valuation of $842 million.
Four Seasons And Q Bayraq Real Estate Investments Announce Luxury Development In Doha Featuring Private Residences And Serviced Apartments At The Pearl-qatar
All-new beachfront property will include expansive furnished suites and a full-range of on-site amenities for a personalized, residential-style experience and the best of luxury living TORONTO, May 10, 2022 /PRNewswire/ -- Leading luxury hospitality company Four Seasons Hotels and Resorts continues to expand its diverse offering of hotels, resorts and residences in the Middle East with the announcement of a new project currently under construction in The Pearl-Qatar landmark development in Doha. The new property is in partnership with Q Bayraq Real Estate Investments, a specialized real estate investment development company focused on high-end projects in Qatar.