Carlyle Group Inc. Chief Executive Officer Harvey Schwartz suggested that asset managers should have been more forthcoming about the relative illiquidity of investment funds sold to individual ...
The private credit market is facing a test of confidence due to concerns that the software sector will be upended by artificial intelligence.
The average 30-year mortgage rate in the U.S. has slipped below 6% for the first time since 2022, to 5.98%, which could breathe life into the coming spring home-selling season.
Cresset has added a former partner and managing director who oversaw more than $2 billion in assets at Baker Street Advisors in San Franscisco, Calif.
As part of the deal, Vanguard will “avoid imposing ESG goals over its customers' profitability,” state officials said.
Software and services stocks have taken a beating, with software multiples pulling back by roughly 33% since late 2025 as investors fret over AI’s potential to automate vast swaths of knowledge work.
Victory's cash-and-stock proposal calls for Janus Henderson shareholders to own about 38% of the combined company, which would have an enterprise value of about $16 billion, according to a statement.
ShinyHunters said it stole millions of client records and threatened exposure if the firms didn't pay them off.
Demand for advisors rises as inheritances, real estate and multi-asset decisions loom, a new Equitable study finds.
Global asset managers who collectively oversee more than $20 trillion of assets have grown more bullish across emerging-market equities, currencies, domestic bonds and credit, potentially offering ...
While Bitcoin's appeal as a politically neutral reserve asset is growing, it remains highly volatile and lacks the long track record that underpins gold's status as the ultimate safe haven.
By strengthening the Fed's analytical framework and establishing a "balance-sheet theory," Kevin Warsh can oversee the institution's return to excellence.
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