Oaktree Cuts Fees on Private Credit Fund After Earnings Decline

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 50%

Canada Headlines News

Canada Latest News,Canada Headlines

Oaktree Capital Management cut management fees on a private credit fund aimed at individual investors by a third, following an increase in problem loans and disappointing earnings.

NYCB’s Results Are Better Than Worst Fears After Rocky QuarterUS Holds Quarterly Debt Sale Steady, Starts Buybacks This MonthKKR First-Quarter Profit Tops Estimates After Earnings OverhaulLululemon Billionaire Pledges Shares to Goldman for Margin LoanBrevan Howard Hires Gas Specialist Alpen as It Builds Out Commodity UnitKFC Owner’s Sales Fall for First Time Since 2020With Fed on Hold, Companies’ Buybacks Offer Equity Markets a TailwindStarbucks Posts First Sales Drop Since 2020 During Global...

inventories seen rising before FedRate-Hike Risk Creeps Up on Emerging Markets as Bond Bets FizzleEurope’s Biggest Smart City Rises in GreeceBiden Poised to Finalize New Electric Vehicle Tax Credit RulesSenate Passes Russian Uranium Import Ban, Sending Bill to BidenIMF Approves $120 Million of Emergency Financing Support to MaliFebruary GDP report shows the Canadian economy losing steam'Disappointing number': Economists react to latest GDP dataElectricity imports from U.S.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Private Credit Offers No Extra Gains After Fees, New Study FindsA trio of academics has a bold take on the booming $1.7 trillion private credit market: after accounting for additional risks and fees, the asset class delivers virtually no extra return to investors.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

First Sentier Shuts $9 Billion of Funds on Low Fees, Cuts StaffAustralian fund manager First Sentier Investors plans to close four funds totaling A$14 billion ($9 billion) in a retreat from low-margin business lines, it announced Tuesday.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

First Sentier Shuts $9 Billion of Funds on Low Fees, Cuts Staff(Bloomberg) -- Australian fund manager First Sentier Investors plans to close four funds totaling A$14 billion ($9 billion) in a retreat from low-margin...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Tesla cuts prices nearly $2,000 in China, in line with US cutsExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Tesla cuts prices nearly $2,000 in China, in line with U.S. cutsTesla reported this month that its global vehicle deliveries in the first quarter fell for the first time in nearly four years
Source: globebusiness - 🏆 31. / 66 Read more »

Oaktree Seeks $2.5 Billion for Seventh Power Opportunities FundOaktree Capital Management is seeking to raise $2.5 billion for the latest vintage of its Power Opportunities fund, according to a person with knowledge of the matter.
Source: BNNBloomberg - 🏆 83. / 50 Read more »