Based on the risk-adjusted performance of all three categories of private real estate funds, investors are paying billions in economically unwarranted fees.

Shares of CenturyLink (CTL) plummeted 13% in Thursday’s trading session after the telecommunication company said it would cut its dividend by more than half. While investors — who were certain the dividend would remain intact after management pledges — grew angry and fled the stock in droves, this provides an opportunity for the company to improve its […]

Do international equities still offer diversification benefits?