Portfolio

Putnam Investments has won a sub-advisor mandate for two fixed income funds from Mackenzie Investments with $1.75 billion in assets under management. The two funds are the Mackenzie Sentinel Corporate Bond Fund and Mackenzie Sentinel Registered North American Corporate Bond Fund.

The difference between non-traded and private REITs depends on the real estate objective. Private REITs are Regulation D private placement offerings, which do not require a public registration filing. The shares can only be purchased by accredited investors and typically offer the potential for larger overall returns.

Matthews International Capital Management has launched the Matthews China Small Companies Fund.

Some financial planners take a strategic approach to REITs while others use them tactically, with some seeking the best of both worlds

A vast majority, 86%, of the 800 institutional investors and corporate executives surveyed for BNY Mellon believe there are significant opportunities for stock market growth. However, 58% think there are major downside risks preventing them from taking advantage of those opportunities, the survey, conducted by the Economist Intelligence Unit, found.

Long-term municipal bond issuance is half of what it was a year ago, with volume down 51% through the end of May versus the same time last year.

FINRA complaint alleges New York-based firm failed to properly vet non-traded REIT and posted misleading returns on its corporate website.

Even multi-millionaires lose sleep over whether their homes will retain their value and whether they can retire.

Agreements, deeds and leases are not core estate planning tools, but may have unexpected opportunities or traps.

Structured CDs seemed to come out of nowhere. But they quickly became, arguably, the hottest products in the bank channel.