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Blue Owl Shares Fall As Private Debt Manager Caps Major Withdrawal Requests

by The Wealth Advisor Contributor
Private credit manager Blue Owl (OWL) said Thursday it saw a major wave of requests from investors to pull money out of two of its non-traded funds.

Featured

Americans Nearing Retirement Say They Plan To Take Social Security 'As Soon As Eligible'

Many Americans are gloomy about the future of Social Security. And they aren't keen on waiting until age 70 to start collecting it.

What We've Learned In A Year Since 'Liberation Day'

What we've learned in a year since 'Liberation Day'

New York Gov. Hochul Begs 'High-Net-Worth' Refugees To Return And Be Taxed

New York Gov. Hochul Begs 'High-Net-Worth' Refugees To Return and Be Taxed

Recent

Portfolio Construction

Fidelity, Schwab expand commission-free ETFs to over 500

Fidelity Investments, one of the world's largest investment managers, said on Tuesday it had expanded its commission-free ETF platform to include...

Portfolio Construction

New Canadian Funds Evolve To Fix DIY Investor Errors

Do-it-yourself investors, according to BMO, are making two mistakes that are costing them a chance at larger returns...

Commentaries

Druckenmiller's $100 Million Bet Against Tesla

Tesla has $920 million in convertible debt coming due on March 1, which is expected to put pressure on the company despite its recent profitability.

Commentaries

Gates: Tax Capital Gains Instead Of Passive Wealth

Taxing capital gains income and ordinary income at the same rates would get rid of a lot of complexity, said the technocrat turned philanthropist.

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FundFocus

Warren Buffett On The Recent Stock Market Selloff: 'This Is Nothing'

FundFocus

2 'Magnificent 7' Stocks See Stunning Plunges

FundFocus

Hedge Funds Bail From Globals Stocks At Fastest Pace In 13 Years

Economy

'Mild Stagflation': Bank Of America Rips Up Economic Forecasts, Braces For $100 Oil All Year On Iran War Disruptions

The Trust Advisor

Washington State Enacts New Tax On Wealthy

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