The strategy of focusing on our discretionary service while completing the remaining reviews of advisory services is reflected in the ongoing organic growth in discretionary funds and net outflows from advisory funds
Other positions currently held by Ballard include director of Fonterra Co-operative Group Limited, director of Magellan Flagship Fund Limited, chairman of the Advisory Funds
at Pacific Equity Partners and director of the Sydney Neuro Oncology Group.
for more than 20 years," said Albert Trank, a managing director with Prudential Capital Group responsible for the firm's advisory funds
and investor relationships.
The Brown Advisory Funds
are distributed by Quasar Distributors, LLC.
4 million square feet in various stages of development, re-development or in the pipeline for its advisory funds
Modified FFO will adjust traditional FFO for non-cash charges, restructuring charges and the monetization of value created in our advisory funds and properties;
The increase in revenue is due to an increase in transactional revenue - primarily acquisition fees related to projects acquired by our advisory funds.
Modified FFO will adjust traditional FFO for restructuring charges and the monetization of value created in our advisory funds
A challenging capital markets environment led to less-than-expected capital raised in our advisory funds and in an ever-tightening cap rate environment we elected to sit on the sideline as opposed to chasing lower quality real estate deals at non-accretive cap rates.
In addition, as we continue to transition to more of a full service real estate operating and advisory platform, we believe it will be necessary to assess our performance and our results on a Modified FFO basis which will adjust traditional FFO for restructuring charges and the monetization of value created in our advisory funds and properties.
Brown Advisory, located in Baltimore, is the adviser to all of the Brown Advisory Funds
, which are series funds in the Forum Funds Family.
6% of Golden Telecom's shares; the BVCP advisory funds
owns approximately 7.