The JPMorgan chief''s annual letter points to the '70s oil-shock recession, private credit losses running "a little higher than they should be," and "second- and third-order effects" from emerging AI technology.
Roland Kastoun, asset and wealth management advisory leader at PwC, says private credit's recent troubles will ultimately make the asset class stronger.
Meanwhile, KKR FS also limits client redemptions.
Improved liquidity and investor ‘safe haven’ demand signal a potential floor after prolonged correction.
“It’s trying to help advisors, empower them in that conversation with their clients,” said Rasmus Goksor, CEO of Sekond.
“Crypto’s institutional moment has arrived,” an executive said.
Comparable cases against JPMorgan resulted in awards up to $2.5 million.
Investors lost 98%. The manager never stopped collecting fees.
The proposal, which offers plan sponsors a process-based safe harbor to curb ERISA lawsuits, comes as private-credit volatility raises fresh questions for advisors and their clients.
As withdrawals rise and fundraising cools, the debate is shifting from returns to redemption mechanics – and whether today’s guardrails can allay or aggravate investor unease.
Fresh attacks, strained Gulf flows and rising risk premiums jolt global investors and energy outlook
Alternative trading systems and crypto are of particular interest to Fidelity.
New study shows fundraising surge, $1.6T AUM and widening sector bets.
HarbourVest managing director Scott Voss says investors must rethink valuation frameworks.
Financial advisors’ sales of nontraded BDCs, which invest in private credit, have tanked in the past couple of months.
“That’s a new business line for us,” says CEO Erin Friez.
Purchase of $22B alternatives specialist aims to meet rising global demand for private assets.
Energy supply risks mount and stocks retreat as US-Iran tensions threaten key shipping corridor.
Military effort to reopen shipping chokepoint stokes supply hopes, inflation fears and bond volatility.
Higher purchase costs, thin margins and fewer deals challenge property investors nationwide.
