The $3 trillion investment manager is projecting an early 2026 launch for its blended strategy, which would put up to 40% of assets in PE investments or funds offered by KKR.
Wealth managers shed some light on the future of solar stocks now that the OBBBA has been enacted.
"The rate-setting committee has set the stage to take action at the next meeting. If economic conditions weaken, the committee will likely cut rates by a quarter point in September," said Jeffrey Roach, chief economist at LPL Financial.
President Donald Trump, Treasury Secretary Scott Bessent, and two Federal Reserve governors have all raised concerns questioning the central bank's leadership.
"This report is unlikely to shift the Federal Reserve's stance ... For investors, this reinforces the importance of managing risk and focusing on fundamentals, rather than reacting to headline numbers," said Gina Bolvin, president of Bolvin Wealth Management Group.
Following a similar move by Robinhood, the online investing platform said it will also offer 24/5 trading initially with a menu of 100 US-listed stocks and ETFs.
At the end of May, the Bluerock Total Income + Real Estate Fund said the net asset value, or NAV, of its Class A and Class C shares, respectively, was $25.74 and $23.71.
The latest preliminary data show $117 billion in second-quarter sales, but hints of a slowdown are emerging.
Surging delinquencies on such consumer debt, as well as problems in the housing market, raise the stakes for the Fed's next move on interest rates.
Institutional investors are pivoting portfolios to reflect complex macroeconomics.
Asset management firm expands and rebrands subsidiary for institutional-quality offering.
The victims at 345 Park Ave, home to the PE firm as well as KPMG and the National Football League, included the CEO of the Blackstone Real Estate Income Trust.
Michael Bell explains how the PE push in retirement plans may benefit investors, why warnings around risks may be overplayed, and what it will take to get plan fiduciaries comfortable with private investments.
Research highlights the dominant role of workplace retirement plans and breaks down the major factors dictating workers' IRA rollover decisions.
Investors await quarterly results from tech giants Microsoft, Meta, Apple, and Amazon, as well as the Federal Reserve's key July rate decision.
Wealth managers weigh in on their fixed income positioning ahead of this week's FOMC meeting.
A growing complex of ETFs and other exchange-traded options, with BlackRock now having the world's biggest Bitcoin ETF, is giving institutions a liquid and legitimate onramp to the crypto space.
Even with greater consensus, it is still unlikely rates will be cut on July 30.
Trade deals and interest rates high on the agenda for market watchers this week.
Many people have already continued working past their planned retirement date
