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As millennials reach parenthood, fund managers bet on 'burbs

By David Randall NEW YORK (Reuters) – Amy Paternite, a real estate agent in Maplewood, New Jersey, is getting used to hearing from clients in their late twenties and early thirties who say they never thought they would leave New York City for the suburbs. Parenthood – or a second baby on the way – has changed their minds. Millennials, typically defined as those born between 1981 and 1997, may

U.S. public pensions outperform in first quarter: Wilshire

U.S. public pension funds returned a median 2.19 percent in the first quarter of 2015, outperforming the 1.61 percent returns for the larger asset classes of institutional investment plans and real estate, according to a report to be released on Wednesday. The annual median return for public funds also remains high, at 7.15 percent, after the first quarter of 2015, according to data from the Wilshire Trust Universe Comparison Service.

Sandstorm Gold Announces First Quarter Results

[PR Newswire] – Subsequent to quarter end, acquired 100% of the outstanding common shares of Gold Royalties Corporation (“Gold Royalties”). Gold Royalties had approximately C$2 million in cash and a portfolio of royalties on 12 mining projects located in Canada, including one royalty that is generating cash flow from gold production.