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Blue Owl Curbs Investor Liquidity Following Asset Sale, Shares Down 3% In Pre-Market Trading

by The Wealth Advisor Contributor
Blue Owl Capital will tighten investor liquidity in its retail-focused Blue Owl Capital Corporation II Fund after offloading $600 million of assets.

Featured

Goldman Says Most Large-Cap Stock Pickers Beat Market Since 2007

The proportion of large-cap active mutual funds outperforming their benchmark so far this year is the highest since 2007.

Fed Reveals Surprise Shift As Several Officials Ponder Hike

Fed officials appeared surprisingly wary of cutting interest rates when they met last month, with several suggesting the possible need to raise rates.

Investor Dan Ives Says The Tech Selloff That Has Been Spooking Markets Is Actually A ‘Generational Opportunity’ To Get In On The Action

The once relentless rally in AI-fueled stocks has lost momentum.

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Bank of America Corp is dropping the “Merrill Lynch” name from most of its businesses including its investment bank unit

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Consensus emerges around higher IRS obligations if a Democrat wins the White House. The wealthy need to start reaching for post-tax efficiency now.

Commentaries

Carl Icahn Discloses Caesars Stake and Plans to Push for Sale

He called on the company to refrain from appointing a new chief executive officer until he had the chance to do so.

Commentaries

Templeton Sees "Danger" In Treasury Yields But JPM Scoffs

This year’s rally in Treasuries is an opportunity to sell or get short before the Federal Reserve signals more tightening later this year.

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Cathie Wood’s ARKK Takes Fresh Hit After Falling 50% Since Covid

The Trust Advisor

Robert Duvall's Fortune Of Between 50 And 70 Million Dollars That His Fourth Wife Could Inherit Entirely

Companies

Apple Decouples From Nasdaq, Offering Alternative To AI-Fueled Volatility

FundFocus

Fund Beating 99% Of Peers Sees Few Software Firms Surviving AI

FundFocus

JPMorgan Doubles Down On S&P 500 Target For One Key Reason

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