The Oppenheimer Real Estate Fund is to invest in common stocks and other equity securities issued by real estate companies, such as real estate investment trusts and real estate operating companies, the fund company said last Wednesday. The portfolio is subadvised by
OppenheimerFunds had $135 billion of assets under management at Sept. 30. Cornerstone, with headquarters in Hartford, Conn., is an institutional real estate equity manager with $4.6 billion of assets under management at June 30.
Amid a busy April for big hires, compliance tech provider COMPLY and wealthtech platform TIFIN have brought on industry vets Michael Stanton and Jeannette Kuda, respectively, aiming for strategic growth.
After a mixed quarter for the firm's wealth unit, CEO Ron Kruszewski predicted that the Fed may cut rates zero or just once or even hike them in 2024.
The U.S. Chamber of Commerce and other business groups contend the Federal Trade Commission has exceeded its authority in nullifying contracts that prohibit employees from switching jobs to competitors.
Retirement doesn't have to mean scrimping and saving. Here are five parts of the country where seniors are living large in their golden years.
Advisor360° names former MassMutual exec Mike Fanning as its new CEO
