America’s smallest public companies have been thriving this year in an economy that finally seems to reward them — lower interest rates, steady economic growth and a financial market once again hungry for risk. But beneath the surface, the fundamentals tell a different story — a reminder that the small-cap rally is being fueled more by optimism than earnings, and that these stocks may never run with the big dogs of the S&P 500.Large-cap outperformance has become particularly acute since the start of the cur ...

Private capital giants are jumping into the UK’s booming pension-risk transfer market, with insurers backed by Brookfield and Apollo announcing deals valued at a combined $10.7 billion in the past month https://t.co/8oqzE6ApNW ...