Inflation is rising but the reasons why are changing ktvz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ktvz.com Daily Mail and Mail on Sunday newspapers.
The leases a retailer signs with a shopping center or mall seem like a fairly straightforward legal document. Right?
Not so for Steve Morris, who saw all sorts of inconsistencies, issues, negligence and opportunities for savings in the fine print and the practices of landlords. While he was senior vice president of the L Brands real estate and store planning division, Morris dug into thousands of leases and found issues. As a result, he and his team of lease detectives saved the iconic local retail giant $150 million. In the process, they became pioneers who changed the way shopping center leases are drawn up.
Pandemic shines spotlight on the importance of trusted relationships
The pandemic has challenged everyone in many ways ― personally and professionally. The coronavirus has forced investment managers and their clients to grapple with yet another black swan crisis just over a decade since the last one. What have we learned so far, especially for the growing outsourced chief investment officer market? What lessons can one take from this experience, and how might they inform the next generation of OCIO providers and clients?
These are the questions and topics OCIO providers have been thinking about even as the COVID-19 pandemic continues to leave its mark around the world.
The details guy: Steve Morris, retail wizard - Business - Columbus CEO columbusceo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from columbusceo.com Daily Mail and Mail on Sunday newspapers.
New waves of the Covid-19 outbreak in major parts of the world may have sparked fears of a double-dip recession but Zach Bevevino, director and product strategist for BlackRock’s Multi-Asset Strategies Group, remains optimistic that the global economic growth is on track.
While the risks remain, Bevevino thinks the worst may be over. “We saw a record drop and recovery in markets [this year]. In March, we saw the fastest bear market in history. The S&P 500, in just 22 days, lost 30% of its value. In the last couple of months, it has recovered that and then some … Ultimately, we think we are likely to see positive economic growth in 2021,” he said in his presentation, “Finding consistent high income in a low rate world”.