Asset Allocation
BDC Stocks Soar by 12.8% in 2023, Despite Risks
Major investment firms such as Blackstone have pushed into business development companies, whose sizable yields are alluring.
Major investment firms such as Blackstone have pushed into business development companies, whose sizable yields are alluring.
Zach Buchwald arrives at Russell from BlackRock, while Invesco promotes Andrew Schlossberg from managing director role.
Using methods other than market value should give superior performance amid slow economic growth and rapid inflation, respondents believe.
The move will bring the fund giant’s value to $1.2 trillion, and the insurer will receive a 15% stake in the acquirer.