Risk Factors Update Summary
- Increase in concentration risk in real estate securities strategies from 22% to 23%.
- Increased regulatory scrutiny and potential liability related to cybersecurity and data protection efforts.
- Negative impact on markets due to distress in the commercial real estate sector in 2023.
- Impact of interest rate environment on revenue due to increased competition from lower-risk investments.
- Decrease in concentration risk in preferred securities strategies from 10% to 9%.
- Potential adverse effects of interest rate increases on assets under management and revenue.
- Increase in concentration risk in preferred securities strategies from 24% to 21%.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1284812&owner=exclude
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