There was an article that I ran across yesterday which should be of interest to most of us. The article is about who is running pension money now – in the ‘olden days’ it was major insurance companies (or the companies themselves) – now more and more it is private equity running the money.
Category: General News
Odds and Ends
We are still awaiting pricing on the new Eagle Point Income (EIC) term preferred–it is unusual for the issue to not be priced as of yet.
The new 6.75% baby bond from Affiliated Managers (AMG) is now trading under ticker MGRE and is now at $25.58. The new 7.25% perpetual note issue from Brookfield BRP is now trading under ticker BEPJ and closed today at $24.98.
Trillions in Cash Has Stock Market Bulls Salivating
Another article from the wall street journal on all the cash that could flow into markets.
The article is here in an accessible way. (Thank you Gridbird for the Archive link).
Commercial Real Estate Article From Wall Street Journal
This is simply a link to an article on commercial real estate in the Wall Street Journal.
I believe everyone should be able to access the article.
Commercial Real Estate Doom Loop
While we are not hearing the daily drum beat on commercial real estate apparently there are bad things happening out there.
Here is a link to a Wall Street Journal article with some interesting reading. The article is readable without a subscription.