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Investments

Blackstone starts mutual fund to attract investorsr basic template

Blackstone Group (BX) is starting a mutual fund that will invest in hedge funds, part of an industrywide push to attract assets from individual investors.

 The fund will be run by Blackstone Alternative Asset Management, or BAAM, the New York-based firm’s hedge funds-of-funds business. 

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Lower mortgage rates attracting more homebuyers 

An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

3d rendering of a row of luxury townhouses along a street

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