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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.

Wall Street Points To Signs The AI Scare Sell-Off Is Overblown

Wall Street analysts and executives in sectors hard-hit by sell-offs are pushing back against the "AI scare."

Recent

Events

FOCUS-US Banks Rethink Social Media as a Threat, Not a Marketing Tool

Bankers are beefing up risk management, monitoring and emergency procedures around the use of social media after an internet-fueled run toppled SVB.

Practice Management

Ackman, Hedge Fund Peers Veer Toward Tech, Find Opportunity in Troubled Banks

Hedge funds turned their attention to growth in 1st quarter. Bill Ackman's $1.1B stake in Google parent Alphabet Inc. veered toward beaten down tech.

Practice Management

Advisor: 'I Muffled My Screams of Horror' After Client Asked This

Clients ask financial advisors the craziest things without knowing they're making huge money mistakes. Some are horrific.

News

Hedge Fund Trader Sanjay Shah Loses Appeal Over Order to Pay $1 Billion in Tax

Sanjay Shah, a hedge-fund trader accused of masterminding a massive tax fraud, lost an appeal at a Dubai court.

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FundFocus

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

Companies

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

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