Blue Owl draws in $9bn as private credit market cools
Growth in headline figure obscures worse than expected $700mn increase in fee-paying assets
Economic news
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Oil falls back after surging to $126 on supply fears
Brent crude hit new conflict high as blockade of Strait of Hormuz continues before dropping in wildly volatile trading
Yen soars amid reports that Tokyo intervened to support currency
Japan’s finance minister had issued ‘final’ warning to speculators
Oil tumbles after surging to $126 on supply fears
Brent crude hit new conflict high as blockade of Strait of Hormuz continues before dropping in wildly volatile trading
Should you be worried about private credit?
John Foley and Sujeet Indap of the FT’s Lex column will answer your questions today at 1pm BST