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Ares Management Buys Minority Stake in $40B EP Wealth
Published on September 30, 2025
Ares invests alongside Berkshire Partners, EP’s existing minority equity partner.
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Other news
J.P. Morgan Converts $1.3 Billion Fixed Income Fund to ETF
September 30, 2025
JFLX charges a 45 basis point net fee for its investors. The strategy, per its prospectus, is empowered to invest across the debt spectrum. Its managers can shift its active strategy toward markets or sectors as market conditions change.
FHFA House Price Index Falls for Fourth Straight Month
September 30, 2025
The Federal Housing Finance Agency (FHFA) House Price Index (HPI) dropped to 433.4 in July, its lowest level in eight months. This marks a 0.1% monthly drop in U.S. home prices, the fourth straight decline.