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Putting Money Into Mutual Funds

Putting Money Into Mutual Funds
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It s time to consider investing in REITs again: Brian Jones

Neuberger Berman's Brian Jones explains why he's bullish on REITs and also reveals his favourite on CNBC's "The Exchange".

Philadelphia commits $100 million to private equity, social impact funds

Philadelphia commits $100 million to private equity, social impact funds Pension fund also swaps real estate fund managers Print Philadelphia Board of Pensions & Retirement committed a total of $100 million to two private equity funds, confirmed Christopher DiFusco, chief investment officer of the $6.4 billion pension fund. At its investment committee meeting Dec. 3, the board agreed to commit $50 million each to African Development Partners III, a private equity fund managed by Development Partners International; and to the Queen Lane Fund, a social impact fund managed by Franklin Park. The commitment to African Development Partners III will be split evenly between the fund and a co-investment vehicle.

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