Core Insights - Investor confidence in private credit has been shaken following Blue Owl's decision to halt redemptions from its fund, raising concerns about the stability of other private-debt funds and BDCs [3][5][12] - The situation is being viewed as either a company-specific issue or indicative of broader industry problems, particularly with lending to software companies facing disruption from artificial intelligence [2][15] - The shares of asset managers involved in private credit have experienced significant declines, with Blue Owl's shares dropping around 12% in one week, and other firms like Blackstone and Apollo also facing losses [5][12] Group 1: Market Reactions - Shares of asset managers have been under pressure due to concerns over underwriting standards and the recent selloff in software companies, which are heavily represented in their loan portfolios [4][6] - The VanEck BDC Income ETF has seen a 1.9% weekly loss and has dropped over 25% in the past year, reflecting investor worries about the BDC sector [9] - Apollo Global's shares fell more than 4%, while Blackstone and Ares Management saw losses of 6.6% and 8% respectively during the same week [12] Group 2: Industry Concerns - The liquidity mismatch in publicly traded vehicles that package private loans is becoming apparent, leading to increased scrutiny from investors [8] - U.S. Treasury Secretary Scott Bessent expressed concerns about the growth of private credit outside the banking system and its potential impact on the regulated financial system [13][14] - The current economic expansion, despite a slowdown, may provide some support for private-credit managers, although fears of a recession could lead to higher default rates [14][15] Group 3: Company-Specific Developments - Blue Owl announced it would return 30% of OBDC II investors' capital at book value, aiming to alleviate concerns over liquidity [13] - The firm emphasized that it is not halting investor liquidity, but rather accelerating capital returns to shareholders [13] - The private-equity giants like Blackstone, Apollo, and KKR have significantly contributed to the growth of private credit, which is now facing scrutiny [11][10]

Blue Owl Capital Inc. (NYSE:OWL) is one of the Most Promising Stocks to Invest In Before They Take Off. On February 20, Pitchbook reported that Blue Owl Capital Inc. (NYSE:OWL) accelerated its capital return to investors to regain investor confidence after a failed merger attempt. ​Earlier in November 2025, the company had announced its plans to merge one of its early funds, OBDC II, with its main public fund. However, the merger was halted as it might have hurt OBDC II investors, as the stock was trading ...

Core Insights - Lawrence Fuller has 30 years of experience managing portfolios for individual investors and founded Fuller Asset Management to achieve independence [1] - Fuller manages the Focused Growth portfolio on Dub, a copy-trading platform approved by US securities regulators, allowing retail investors to automatically copy chosen managers' trades [1] - The Portfolio Architect, led by Fuller, focuses on an all-weather investment strategy aimed at delivering consistent risk-adjusted market returns [1] Company Overview - Fuller Asset Management (FAM) is a state-registered investment adviser [3] - FAM provides educational content and investment strategies but does not make specific offers for securities or investments [3] - The firm emphasizes that past performance is not indicative of future results and advises consultation with licensed financial professionals [3] Platform Features - Dub offers features such as portfolio construction guidance, access to an "All-Weather" model portfolio, and a dividend and options income portfolio [1] - Additional resources include a daily brief on current events, a week-ahead newsletter, technical and fundamental reports, trade alerts, and 24/7 chat support [1]

(Bloomberg) — Global investors are piling into Latin American stocks at the fastest clip in a decade, sending markets across the region to multi-year highs. Equity markets in Brazil, Colombia and Mexico have seen a surge in overseas buying, helping push the MSCI EM Latin America Index to an eleven-year high and jumping over 20% in 2026. That marks the strongest start to the year since 1991. Most Read from Bloomberg This renewed appetite underscores how investors are recalibrating bets on the long-overl ...

US spot Bitcoin exchange-traded funds (ETFs) are facing their most sustained period of institutional friction this year. This year, the funds have logged six weeks of outflows amid macroeconomic uncertainty that is driving capital toward traditional safe havens. BlackRock, Fidelity Lead Bitcoin ETF Exodus Amid Macro Jitters Since the start of 2026, the funds have bled nearly $4.5 billion, offset by just $1.8 billion of inflows during the first and third weeks of the year, according to data from SosoValu ...

Core Insights - KKR & Co. Inc. has seen significant changes in institutional ownership, with several hedge funds increasing their positions dramatically in the third quarter of the year [1][6] - Insider trading activity indicates confidence in the company's future, with both the Director and CEO purchasing substantial shares [2] - Analysts have mixed but generally positive outlooks on KKR's stock, with upgrades and downgrades from various firms [3][4] Institutional Ownership - Covenant Asset Management LLC increased its holdings by 1,424.8%, now owning 29,826 shares valued at $3,876,000 after acquiring 27,870 shares [1] - Cumberland Partners Ltd raised its position by 816.2%, owning 25,791 shares worth $3,352,000 after acquiring 22,976 shares [1] - Allen Investment Management LLC increased its position by 165.0%, now holding 247,375 shares valued at $32,146,000 after acquiring 154,009 shares [1] - Stonegate Investment Group LLC purchased a new position valued at approximately $6,219,000 [1] - Generali Asset Management SPA SGR boosted its position by 132.5%, now owning 37,323 shares valued at $4,850,000 after purchasing 21,270 shares [1] - Institutional investors currently own 76.26% of KKR's stock [1] Insider Transactions - Director Matt Cohler acquired 43,872 shares at an average cost of $102.90 per share, totaling $4,514,428.80, representing a 2,733.46% increase in his position [2] - CEO Scott C. Nuttall purchased 125,000 shares at an average price of $102.66 per share, totaling $12,832,500, resulting in a 0.81% increase in his holdings [2] - Insiders have collectively bought 343,872 shares worth $35,367,179 over the last three months, with insiders owning 39.34% of the company's stock [2] Analyst Ratings - HSBC upgraded KKR from a "hold" to a "buy" rating with a price target of $144.00 [3] - Barclays lowered its price target from $159.00 to $136.00 while maintaining an "overweight" rating [3] - Wall Street Zen upgraded KKR from a "sell" to a "hold" rating [4] - Oppenheimer reduced its price target from $190.00 to $187.00, maintaining an "outperform" rating [4] - UBS Group lowered its target price from $168.00 to $125.00 while keeping a "buy" rating [4] - The average rating for KKR is "Moderate Buy" with an average target price of $153.50 [4] Financial Performance - KKR reported a quarterly EPS of $1.12, missing estimates of $1.14, with revenue of $5.93 billion, significantly exceeding expectations of $2.23 billion [7] - The company's quarterly revenue increased by 76.1% compared to the same quarter last year [7] - KKR's net margin stands at 11.97% and return on equity at 5.77% [7] Dividend Information - KKR announced a quarterly dividend of $0.185, with an annualized dividend of $0.74 and a yield of 0.7% [8] - The dividend payout ratio is currently 31.62% [8] Company Overview - KKR & Co. Inc. is a global investment firm specializing in private markets and alternative asset management, founded in 1976 [9] - The firm operates across various sectors including private equity, credit, real assets, growth equity, and hedge fund strategies [9][10]

Core Insights - The article discusses various stock market indices and the advantages of investing in low-cost index funds, emphasizing the importance of expense ratios in determining investment returns. Group 1: Stock Market Indices - The Russell 3000 tracks about 98% of the investable U.S. stock market, while the Russell 2000 focuses on approximately 2,000 of the smallest publicly traded companies in the U.S. [1] - The Nasdaq Composite measures the performance of over 3,000 companies on the Nasdaq stock market, known for its technology sector exposure [2] - The S&P 500 tracks around 500 of the largest companies in the U.S., making it one of the most followed indices globally [2][24] Group 2: Index Funds - Index funds are passive investment vehicles that aim to match the performance of a specific index by holding the same assets in the same proportions [3][4] - Low-cost index funds are suitable for both beginner and advanced investors, providing broad diversification and reducing risk compared to individual stock investments [6][7] - The expense ratio of an index fund indicates the percentage of an investment paid as a fee to the fund company, with low-cost funds often charging below 0.10% [8][9] Group 3: Investment Strategies - Investors should focus on long-term returns and the cost of owning index funds, aiming for the highest possible returns while minimizing fees [17] - Researching available index funds involves filtering by expense ratio and sorting by returns over various time periods [12][13] - Broadly diversified funds are recommended to reduce overall portfolio risk [15] Group 4: Low-Cost Index Funds - The article lists nine low-cost S&P 500 index funds, highlighting their expense ratios, with Fidelity 500 Index Fund (FXAIX) at 0.015% and Fidelity ZERO Large Cap Index (FNILX) at 0% [24] - Investors can find low-cost funds by searching broker sites, and many funds are available as either ETFs or mutual funds [25][27] - The key differentiator among index funds tracking the same index is the cost, making it essential for investors to focus on expense ratios [30]

Asset manager BNP Paribas Asset Management has become the latest TradFi giant to use Ethereum as part of a tokenisation push. The investment arm of Paris-based bank BNP Paribas said Friday that it had used the top crypto network to issue a tokenised share class of a French‑domiciled money market fund. “The tokenised fund shares were issued on the public Ethereum network with permissioned tokens ensuring that only eligible participants can hold and transfer the tokens, while benefiting from the strength ...

Core Insights - KKR & Co. Inc. (NYSE: KKR) is recognized as one of the 10 Best Consensus Buy-Rated Stocks to Invest in, despite recent price target adjustments by analysts [1][4] - The company reported strong fourth-quarter results, with total revenue of $5.74 billion, significantly up from $3.26 billion in the prior year, although asset management segment revenue fell short of consensus estimates [3] Analyst Ratings - BofA lowered its price target on KKR to $160 from $164 but maintained a Buy rating, adjusting EPS estimates following the fourth-quarter results [1] - Morgan Stanley raised its price target on KKR to $177 from $176, maintaining an Overweight rating, citing the stock's attractive entry point after a 22% decline year to date [2] Financial Performance - KKR's fourth-quarter asset management segment revenue was reported at $1.64 billion, below the consensus estimate of $1.78 billion [3] - The company achieved record annual figures in 2025 across key metrics, including Fee Related Earnings and Adjusted Net Income per share, indicating strong overall performance [3] Strategic Moves - KKR announced the acquisition of Arctos Partners, enhancing its capabilities in sports investing and capital solutions for asset managers [3] - Management expressed confidence in the firm's long-term positioning, suggesting a positive outlook for future growth [3]

Core Viewpoint - The recent decline in asset-manager stocks is primarily attributed to investor concerns regarding the lending standards in the private-credit industry, particularly linked to a fund managed by Blue Owl Capital [1] Group 1: Market Impact - Shares of Blue Owl Capital (ticker: OWL) experienced a significant drop, with weekly losses reaching approximately 12% [1] - Other asset managers with exposure to private-credit businesses, including Ares Management (ARES), Blackstone (BX), Apollo Global Management (APO), and KKR & Co. (KKR), also saw declines in their stock prices during the week [1] Group 2: Investor Sentiment - Investor fears have intensified regarding the potential spillover effects from the private-credit sector, leading to broader anxiety in the market [1] - The selling pressure on asset managers indicates a growing concern about the stability and lending practices within the private-credit industry [1]