Weyerhaeuser to sell Michigan timberlands for $500m by Released | Sep 16, 2019 Weyerhaeuser Co. has sold its 555,000 acres of Michigan timberlands to Lyme Great Lakes Holding.
Bloomberg: Tax break for blighted areas may help billionaire art collectors by Andrea Zander | Sep 12, 2019 Art collectors may have a “once-in-a-generation opportunity” to invest capital gains in economically depressed areas around the country, reported Bloomber, sourcing Cresset Partners, an adviser to wealthy families.
Number of RIAs grew while broker count continues to slide by Released | Sep 12, 2019 The number of SEC-registered investment advisers continues to grow at a steady pace — and has reached yet another record high.
TD Asset Management launches TD Greystone Real Asset Pooled Fund Trust by Released | Sep 12, 2019 TD Asset Management (TDAM) has added the TD Greystone Real Asset Pooled Fund Trust to its existing suite of alternative investment solutions for accredited investors.
Digitization essential for wealth managers by Andrea Zander | Sep 11, 2019 Wealth managers and financial services companies in general need to prioritize and redefine what can be expected and achieved from digitization, according to fintech firm Nucoro.
Hedge funds use more alternative data by Released | Sep 11, 2019 Over 80 percent of hedge funds are using alternative data in some capacity.
Waterways — key to competitiveness for farmers and U.S. economy — aging and lacking investment by Released | Sep 10, 2019 U.S. farmers have enjoyed a competitive advantage in accessing the global export market with their products, but continued under investment in the aging inland waterways system will limit U.S. agricultural exports, and during the next 25 years, could put more than $72 billion in additional GDP and 77,000 new jobs at risk, a new report from Agribusiness Intelligence found.
Survey finds more than 70% of Gen Z and millennials fear looming recession by Released | Sep 10, 2019 A new survey conducted by eToro, a global trading platform with 11 million registered users, found that more than two-thirds of U.S. investors fear a recession is looming. Those fearing a recession want to convert part of their stock portfolios to comparatively safer investments or hedge with commodities, real estate, or cryptoassets.
Report: Global leaders call for urgent action on climate adaptation by Kali Persall | Sep 10, 2019 Leaders from the Global Commission on Adaptation call on governments and businesses to take urgent action to innovate and advance climate adaptation solutions in light of new research findings.
KKR joins Artivest network for private alternative investments by Released | Sep 10, 2019 KKR has joined the Artivest Open Network, a digital alternative investment platform for private alternatives, as a gateway for providing financial advisers and qualified high-net-worth investors access to a selection of the firm’s private alternative solutions.