Blackstone

2022 - 9 - 18

The $17 Trillion Market Opportunity You Can't Afford to Miss (Nasdaq)

The S&P 500 tumbled 20% during the first six months of 2022, its worst first-half decline in half a century. Meanwhile, the bond market experienced its ...

The Motley Fool has positions in and recommends Blackstone, Brookfield Asset Management, and KKR. KKR expects to continue growing briskly as it launches new funds and other products to capitalize on the growing desire of investors to allocate more capital to alternative investments. It expects the spun-out asset management business to pay out 90% of that steadily growing income stream to investors via a large and growing dividend. It also retains earnings to reinvest in its funds, positioning shareholders to capitalize on the income and upside produced by those investments. The company has been working to grow and diversify its business. and Brookfield Asset Management and has the following options: short December 2022 $40 puts on Brookfield Asset Management. The company realized a net $1.1 billion of performance earnings in the second quarter, boosting its total distributable earnings to over $2 billion. Brookfield has historically retained a large percentage of its asset management income for reinvestment in its funds and other investments. Brookfield expects its asset management business to grow its fee-bearing capital to $1 trillion within the next five years. The company ended the second quarter with an industry-leading $940.8 billion of assets under management (AUM). That was its second-best quarter ever and equal to its total AUM at its initial public offering in 2007. A typical portfolio of 60% stocks and 40% bonds produced its worst return since the Great Depression.

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Image courtesy of "The Australian Financial Review"

Australia jobs updates LIVE: Luxury retailers leading Australian ... (The Australian Financial Review)

Vicinity Centres chief executive Grant Kelley told the Australian Financial Review Property Summit that Australia's retail resurgence has been led by the ...

“In the US, the majority mortgages are on a fixed-interest rate, typically for terms of 30 years. “CBDs are the challenge Monday to Friday,” Kelly said. As part of the deal, Origin has also secured an offtake deal for 36.5 petajoules per annum for 10 years. “The investment environment has changed our approach, but we are sticking to the [real estate] thematic we are still looking to deploy, but we are looking for opportunities,” Towning said at the Australian Financial Review Property Summit. As part of its campaign, the union recently took Sydney Trains and NSW TrainLink to the FWC in a bid to negotiate a new enterprise agreement and changes to Korean-built trains which the union has said is not safe to operate. “It took us two years to get a permit for 400 apartments in Melbourne.” MaxCap co-founder Brae Sokolski slammed federal and state governments for a “complete dereliction of duty” in relation to housing affordability and supply. “Global growth is slowing (and) most risks are tilted to the downside.” RTBU NSW secretary Alex Claassens has said the union is doing everything it can to reach a speedy resolution but says the government “is stalling the process at every opportunity”. The rail union and NSW government are returning to the industrial umpire in a bid to break their long-running stalemate over the safety of a new intercity train fleet and wages and conditions for workers. This was due to the issue of return to work in the CBD he said. The Rail, Tram and Bus Union (RTBU) will meet the government at the Fair Work Commission (FWC) on Monday for a second day of conciliation talks.

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