Non-Traded BDCs Surpass $20B in Retail Fundraising

Published on August 22, 2024

The segment is just ahead of interval funds among limited liquidity vehicles, according to Robert A. Stanger & Co.

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Annuities post $109B sales record in Q2 as deferred annuities surge

August 22, 2024
Annuity sales saw modest growth in the second quarter of 2024, rising nearly 4 percent from the previous quarter, according to a new report from market research firm Wink.In its latest Sales & Market Report, Wink said annuity sales for Q2 ticked up to reach $109 billion, with some product lines achieving record-setting results as others experienced declines due to shifting interest rates.Nearly al

Morgan Stanley’s Bloomer confirmed dead in superyacht tragedy

August 22, 2024
The sinking of a luxury yacht owned by British tech entrepreneur Mike Lynch off the coast of Sicily earlier this week has unfolded into a greater tragedy.Italian authorities have confirmed Lynch as one of five bodies recovered from the wreckage Thursday morning, according to the Wall Street Journal. Morgan Stanley International Chairman Jonathan Bloomer and his wife Judy, who were also aboard, hav