Search Results

The author provides a paper on medical office investing which begins by sizing the Medical Office Building (MOB) investment universe and contrasting it with the commercial office sector. Supply and demand fundamentals are explored in the context of emerging trends in the delivery of U.S. healthcare. Returns, pricing and ot...

Deutsche Bank's Year-end Outlook provides an interview with Larry Adam, CIO and Chief Investment Strategist - Americas. Topics include the state of the U.S. economy and the major drivers of economic growth, the outlook for interest rates and its effect on stock, bond and emerging markets.

While many investors equate “access constrained” to “top performing,” quantitative data debunk the assumption that access-constrained managers are the best performers. If you look at the top-performing funds across the last decade, you quickly realize that ‘access constrained’ or popularity are not correlated to ...

Currency risk is a fact of life for European families. Today even the simplest diversified portfolios include foreign currency exposures. Many investors find it tempting to ignore currency risk, believing that it will all “even out in the end.” But this is not an option for most families who need to draw down funds from the portfolio to...

Farmland is increasingly gaining traction as an attractive long-term investment option for sophisticated and capital rich investors. Direct investments in farmland have historically provided a healthy and relatively stable level of current income, a compelling risk-adjusted rate of capital appreciation, an effective inflation hedge, and a material ...

To date, the slow national recovery in the office sector has been driven largely by negative forces such as high unemployment rates and owner desires to reduce operating costs. Today, however, there exists an opportunity to counterbalance those negative influences by understanding the technological, generational a...

The desire to integrate values and investment decisions has long been important to investors and is a movement that has gained permanency. Research shows that when implemented thoughtfully with active management, impact investing can achieve social goals, as well as produce competitive and even excess returns over a benchmark. A deep and growing fi...

The US energy renaissance may be taking a breather, exasperated from ten years of mind boggling growth, but unquestionably it is not over. Global energy demand is expected to grow well into the future and the US is poised to take advantage of the trend to become the world’s marginal producer. At current oil prices, US energy producers will (a...

The foreign exchange market is widely appreciated to be the largest and most liquid market of all global financial markets. However, it is susceptible to shocks which can cause significant unexpected volatility, such as the timing of the Swiss National Bank’s (SNB) decision to remove its 1.20 floor on the Swiss Franc versus the Euro on 15th J...

This report provides a historical review of past economic conditions for 2013 and 2014, and illustrates what might be in store for investors in 2015 by asking five key questions. Those questions include: Will US equities continue to outperform? Is the macro environment in Europe getting worse? What impact will diverging monetary policy have o...

Micro cap stocks are among the investment world’s worst-kept secrets. They have been around as an asset class category since the 1980s, and research has repeatedly confirmed the ad­vantages they offer to investors – most notably a chance to exploit numerous opportunities for greater excess returns.Micro caps’ size and role in ...

Since their introduction only two decades ago, Exchange-Traded Funds (ETFs) have been undeniably successful. Growing far beyond their initial function of tracking large liquid indices in developed markets, ETFs now hold over $2.6 trillion of assets globally. In fact, the proliferation of ETFs was identified as one of the six game change...

Advisors and consumers often think of variable universal life (VUL) as just an equity-linked product. But for many, VUL is much more than that.This article seeks to encourage a rethinking of VUL as a unique life insurance product that provides control, flexibility and transparency in a low cost product chassis, while providing the potential for enh...

Amid unprecedented economic turmoil and regulatory change, most asset managers have afforded themselves little time to bring the future into focus. But the industry stands on the precipice of a number of fundamental shifts that will shape the future of the asset management industry. This paper will help asset managers’ plan for the future by ...

One primary consideration of investors looking to make an allocation to listed real estate via real estate investment trusts (REITs) today is the impact that a rising-rate environment has on the relative performance of REITs vs. other broader asset classes. This paper discusses the role of REITs in a portfolio as part of a comprehensive investment ...