Energy Trump signs bipartisan bill to modernize nuclear regulation President Donald Trump has signed the Nuclear Energy Innovation and Modernization Act, whose purpose is…
Other Prominent university professors designing cryptocurrency to top bitcoin: Unit-e Researchers from seven colleges across the United States are working together to create Unit-e.
Other 10 investment macro-themes to watch in 2019 Scott Minerd, chairman of investments and global CIO, and Guggenheim’s macroeconomic and investment research group…
From the Current Issue The workplace reimagined: Autonomous vehicles poised to reshape U.S. office market by 2030 by Mike Consol By disrupting the way employees commute to work, autonomous vehicles are expected to fundamentally reshape the U.S. office market by 2030, according to a report from CBRE. Most significant, the primacy of commercial real estate’s traditional decision drivers — geographic location and access to talent — may decrease as the importance placed on the workplace experience and building amenities grows.
From the Current Issue What’s in store for real estate during 2019 by Alex Frew McMillan Festering trade wars, frenzied populism, faltering U.S. stocks, China’s bureaucratic fiddling, plummeting emerging-market currencies, geopolitical tensions — the list of hindrances to real estate performance in 2019 is long.
Infrastructure Macquarie raises $5b for North America infrastructure fund Macquarie Infrastructure and Real Assets (MIRA), a division of Macquarie Group, has held a final…
Infrastructure President signs Water Infrastructure Improvement Act into law On Jan. 14, President Donald Trump signed the Water Infrastructure Improvement Act into law.
Other CalPERS commits $500m to follow-on emerging manager The $342 billion California Public Employees’ Retirement System (CalPERS) has committed $500 million to an…
From the Current Issue The road to growth: Brinker Capital was named after Brinker Road and, $23 billion AUM later, CEO Noreen Beaman is behind the wheel and negotiating its destination by Mike Consol “Off we went,” recalls Noreen Beaman about the start of Brinker Capital. “There were eight of us, a little over $100 million under management and 91 clients.” Thirty years later, Beaman is CEO, and Brinker Capital has $23 billion in assets under management, 165 staff members and more than 50,000 clients. Brinker Capital serves fee-based financial advisers, and that group is divided between insurance-based broker/dealer advisers and traditional independent financial advisers, as well as advisers in the RIA community. The bulk of Brinker Capital’s clientele is individuals and families. A little more than half of its $23 billion in assets under management has come to the company from the “mass affluent” space, which Beaman defines as clients with less than $1 million of investable assets, not counting the value of their home.
From the Current Issue The 411 on 1031 exchanges by Steve Bergsman Real estate’s 1031-exchange industry is partying like its 1999 … well, 2004 maybe, when property markets pulsated in Princely fashion. Unlike yesteryear, the current boom appears to be good news for today’s investors, property brokers, purveyors of 1031 investment vehicles, the wider real estate market and, ultimately, the national economy. Today, the question is not so much where will the next 1031 exchange investors come from — because they are coming from everywhere — but what should the next investment be?