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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

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

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

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.

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

Washington Wire

US Justice Department Seeks Google Chrome Sale To Curb Monopoly

The US Justice Department and a group of states proposed major changes to Alphabet Inc.’s Google — including a forced sale of Chrome web browser.

Washington Wire

Fed's Michael Barr, Like His Boss Jay Powell, Won’t Leave If Trump Tries To Fire Him

The Feds top banking regulator said Wednesday he wouldn’t leave before his term was up even if President-elect Donald Trump tried to fire him.

Companies

Ron Baron’s $45 Billion Firm ‘Studying’ Whether To Launch ETFs

One of the last remaining holdouts to the global $14 trillion exchange-traded fund industry is weighing whether to finally join in.

Washington Wire

Non-Recessionary Rate-Cutting Cycle Should Support Credit, Pinebridge Says

PineBridge said it is seeing the start of a rare non-recessionary interest rate-cutting cycle that should support performance of fixed income assets.

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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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