Two firms hand Canadian investors a door into global real estate

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The offering targets Canadian wealth managers and advisors looking for diversification across private markets, the release said.  Andrew Croll, TDAM’s managing director and head of global real estate investments, said the firm has “nearly 40 years of experience managing real estate” and holds physical assets across Canada and other markets.   The launch, he said, expands […]

EUR/USD stays rangebound as US-Iran tensions ease and traders await the US CPI report

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EUR/USD stays rangebound as US-Iran tensions ease and traders await the US CPI report !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}

Meta Platforms Just Unveiled a Shocking New Artificial Intelligence (AI) Strategy

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When pundits and investors talk about artificial intelligence (AI) hyperscalers, Meta Platforms (META +6.16%) always gets included in the group. However, the other three members of the big four — Alphabet, Amazon, and Microsoft — have something in common that Meta doesn’t share: cloud computing business units. Those other three have been monetizing their data centers […]

‘Half Moon-Shaped’ Estate Comes With Flamboyant Pink Tennis Court

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A dramatic California estate that was designed by an acclaimed local architect but has since undergone a stunning $2 million renovation has returned to the market for $11.4 million—complete with a spaceship-esque residence, seven gated acres of land, and even a bright pink tennis court. Located in Rancho Santa Fe, the rare find, which is […]

Peter Linneman On AI’s Trajectory, Trump’s Tariffs And Misleading Inflation Numbers

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Peter Linneman on this week’s Walker Webcast Trillions of investment dollars are pouring into the advancement of artificial intelligence, touching nearly every sector of the economy while stoking fears that the technology could make American jobs obsolete.   However, AI isn’t going to be the jobs Armageddon that many are prognosticating, Peter Linneman argued on this week’s […]

OCC, FDIC encourage banks to share data on fraud

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Key insight: Fincen’s guidance expands the types of information banks can share about suspected fraud and illicit activity while protecting participating institutions from liability. Supporting data: Banks can share information including transaction records, video footage, IP addresses, device identifiers and fraud indicators. Forward look: The guidance comes as the Treasury pushes to overhaul anti-money-laundering rules […]

Three luxury summer destinations to make a splash in

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Three luxury summer destinations Sail on Lake St. Moritz Image 1 of 8 (Image credit: Badrutt’s Palace Hotel) (Image credit: Badrutt’s Palace Hotel) (Image credit: Badrutt’s Palace Hotel) (Image credit: Badrutt’s Palace Hotel) (Image credit: Badrutt’s Palace Hotel) (Image credit: Badrutt’s Palace Hotel) (Image credit: Badrutt’s Palace Hotel) (Image credit: Badrutt’s Palace Hotel) St. Moritz […]

Maradona’s ‘Hand of God’ World Cup armband heads to auction

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It’s become a cliché to describe a collectable that’s hard to find as a “holy grail”. You don’t often read about something being an “unholy grail”. But if there was ever such a collectable up for sale – at least in the eyes of England fans – it’s the captain’s armband Diego Maradona was wearing […]

AbbVie Is Already a Dividend King. Here’s Why the $10.9 Billion Apogee Deal Could Make It a Dynasty

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AbbVie (ABBV 0.76%) is listed as a Dividend King, but in fairness, it has only been a stand-alone company since it was spun off from Abbott (ABT 0.50%) at the start of 2013. AbbVie hasn’t been around for the 50 years required to qualify as a Dividend King; instead, it has inherited Abbott’s track record. […]

Stanhope And Norges Go Hunting As Sovereign Fund Pivots Strategy

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Courtesy of Stanhope Stanhope CEO David Camp UK developer and asset manager Stanhope has won a mandate to manage a £4B portfolio of London and Paris office assets on behalf of Norges Bank Investment Management, the world’s largest sovereign wealth fund.  The companies will also partner up to look for new acquisitions in the two cities, […]