Economic news
Blue Owl and private credit’s structural problem
Troubles at New York-based asset manager are making investors nervous about the wider industry
Schroders will keep wealth manager Cazenove
Plus, Saba’s offer for Blue Owl funds, European inflows soar and Seurat at the Courtauld
Does Europe need more private credit?
Maybe it does, maybe it doesn’t. We’re just happy to see the data.
China’s leverage rises before high-stakes summit as Supreme Court curbs Trump tariffs
Supreme Court’s decision to invalidate Trump’s tariffs has strengthened China’s hand ahead of the leaders summit in April, at a time when Beijing seeks U.S. concessions on Taiwan.
F&G sells life reinsurer to create company led by Blackstone veteran
Ancient Financial enters crowded market to manage assets for US retirees