Real estate investing has always been a data-driven discipline. Wealth advisers, family offices and private-client CIOs rely on performance numbers to evaluate managers, compare strategies and guide clients toward informed decisions. But in private real estate, infrastructure and other real asset class focused investment programs, performance numbers often look more precise than they really are.

The gyrations in early 2026 on Wall Street sent some investors seeking ballast to steady the ship, while bets on artificial intelligence undulated by the hour and bitcoin lost 40 percent of its value seemingly overnight. Indeed, even the broad equity indexes stumbled through early 2026, as whole sectors were considered vulnerable to “AI disruption.” In addition, bond values looked squishy, with even erstwhile safe-haven government IOUs stressed by ...

As the commercial real estate environment settles in after a tumultuous 2025, investors can expect a year of outcomes driven less by prediction and more by realistic, selective strategies. With interest rates still high, core real estate strategies are unfavored, while opportunistic approaches may be more lucrative in the long run. Matt Malone, head of investment management at Opto Investments, discussed the subject with Elise Mackanych, associate editor with Institutional Real Estate, Inc. (parent company of this magazine).

Paul Wong is managing partner and market strategist at Sprott Inc., and has more than 37 years of investment industry experience, specializing in investment analysis for natural resources.

About the time Christopher Moore was preparing to head to Holy Cross for a rigorous Jesuit education, his father pulled his son aside. The senior Moore advised: “Medicine’s not really what it used to be. You have a lot of interests. Why don’t you focus on a liberal arts education, where you can learn how to learn?” He had spent his life watching his parents work in the medical field and raise a family on the ...

What are the views of global investors on North American energy and infrastructure since President Trump’s budget bill (the One Big Beautiful Bill Act) was signed into law in 2025? Operational and development-stage solar and wind assets bore the brunt of the immediate shock, with some, such as Ørsted’s Revolution Wind and Idaho’s Lava Ridge Wind, under stop-work orders.

In the search for more, new and cleaner sources of energy, a largely untapped resource is emerging: natural hydrogen. Unlike hydrogen produced from industrial processes, natural hydrogen forms through geological reactions that occur normally within the Earth’s crust, meaning it costs nothing to make — though it costs some amount to extract — and does not emit any carbon dioxide or other human-caused pollutants.

More jobs usually equate to more housing sales and rentals In that regard, the good news for real estate investors is that more than 5.2 million new jobs are projected to be created during the 2024 to 2034 period, according to the U.S. Bureau of Labor Statistics. Total employment will increase to 175.2 million from 170 million, representing an approximately 3.1 percent growth rate per year. The problem: A deepening ...

For decades, one of the threshold questions in estate planning was: “Will my estate be taxable?” Today, that answer is “no” for many more of us. With the currently high federal estate tax exemption set to remain permanent, an increased number of U.S. households will avoid federal estate taxes entirely. As of 2026, the federal gift, estate and generation-skipping transfer tax exemption is $15 million. Married couples may also benefit from “portability,” which allows a surviving spouse to use any unused exemption of the deceased spouse.

Jay Parsons, U.S. housing economist: “There is powerful academic research showing single-family rentals diversify neighborhoods with people who otherwise could not afford to live there. That, in turn, helps kids access better schools and boosts upward mobility. It is a win for those families and a win for broader society when we can improve upward mobility for low- and moderate-income families.”

CIM Group writes that transportation infrastructure performance can be a barometer of economic health and offers the potential for compelling investment opportunities. Read the firm’s white paper here.

In the digital era, registered investment advisers (RIAs) rely on a complex ecosystem of third-party vendors, from CRM software and portfolio reporting platforms, to cloud storage providers. These tools are essential, but they introduce significant compliance vulnerability. The uncomfortable truth is this: In the eyes of the SEC, your firm is entirely responsible for client data protection, even if a security breach happens with a third-party vendor.

Global investment in energy-transition infrastructure has been increasing exponentially during the past five years, reaching more than $2 trillion in 2024, according to a BloombergNEF report. For investors, the energy transition presents not only a thematic play but a tangible, diversified opportunity set spanning the risk-return spectrum. This investment landscape is expansive and multifaceted, requiring both conviction and specialism. The capital required to deliver on global energy-transition goals is immense, and the pathways to achieve them are ...

Commercial real estate disasters rarely look like the ones that dominate the evening news. Homes burn. Neighborhoods flood. Dramatic footage follows. But for institutional property owners, the real damage often unfolds quietly — inside mechanical rooms, elevator shafts, electrical systems and decision-making chains that move too slowly.

Bitcoin, long cast as a speculative plaything of traders and tech die-hards, is quietly making a case for itself in the most conservative corner of finance: the traditional 60/40 portfolio of stocks and bonds. ​A new analysis from Bitwise Asset Management asks a simple question: What would have happened if ...

By definition, “black swans” defy foresight. As most readers are aware, a black swan event, as popularized by Nassim Nicholas Taleb, is one that is extremely rare, unexpected and has an outsized impact. Their inherent unpredictability means they threaten to derail not only unwary investors, but anyone bold enough to try predicting them. A year ago, our black swan projections for 2025 generated considerable ...

Active equity mutual funds experienced more than $1 trillion in outflows in 2025 — the 11th year of net outflows and the steepest of the cycle. By contrast, passive equity exchange-traded funds attracted more than $600 billion. For years, Wall Street has warned of an impending crisis. The narrative goes like this ...

The United States is home to more than 5,000 active data centers — more than any country in the world — and thousands more are in various stages of planning and construction. They are quiet, they don’t smoke, and they pour tax revenue into local coffers. For years, that was enough to make them welcome almost anywhere. That welcome is wearing thin. “The backlash has really cropped up, especially in ...

According to Clarion Partners’ managing global head of investment research, Indraneel Karlekar, and Jeremiah Lee, senior vice president, research officer, sustained demand from an aging population and growing interest from institutional investors in alternative commer­cial real estate is likely to lead to above-average returns for the senior housing sector in the coming cycle.