Guggenheim Partners has combined its real estate divisions, Guggenheim Commercial Real Estate Finance and Guggenheim Investments Structured Real Estate, under Guggenheim Investments.
Enrique Chang, global cio of Janus Henderson Investors, stepped down as co-portfolio manager of its adaptive global allocation funds and related strategies on Jan. 28.
The returns for U.S. endowments dipped in 2019 but rose for the 10-year period ending June 30 as the remnants of the financial crisis continued to fade into the past, according to the 2019 NACUBO-TIAA Study of Endowments.