Security Properties purchased Orchard Club, a 342-unit affordable multifamily property in Las Vegas, NV, for $27,200,000.

When approaching wealth managers for investment management, high net worth (HNW) individuals are more likely to opt for discretionary mandates over other services, according to financial services research and insight firm Verdict Financial.

Nomura, Asia's global investment bank, today announced the launch of its first robo advisor, providing automated, goal-based asset management advisory services to retail investors in Japan. Developed jointly with Nomura Research Institute, the service is now available via the Nomura Securities Japanese homepage.

At the end of a call for tenders, CNP Assurances, the leading provider of personal insurance in France and the fourth largest life insurer in Europe, chose Axeltis, expert in open architecture, subsidiary of Natixis Global Asset Management.

85% say they need a more accurate picture of their clients' risk tolerance. It's not volatility that worries advisors the most, it's how their clients react to it. Ensuring investors set tangible goals and have realistic expectations remains a major challenge