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Investors with an interest in Financial - Investment Management stocks have likely encountered both AllianceBernstein (AB) and Apollo Global Management Inc. (APO). But which of these two stocks is more attractive to value investors?
Last week saw a rally in Nvidia stock, causing nervousness among value and income investors. There were opportunities to buy quality companies at good or even great valuations even during the tech bubble. Growth at a reasonable price (GARP) is one potential time-tested way to beat the market long term. Super GARP investing, combining GARP with quality screens, could be better.
Stephanie Link, Hightower chief investment strategist and portfolio manager, Joe Terranova, senior managing director at Virtus Investment Partners, Karen Firestone, CEO at Aureus Asset Management, and Rob Sechan, managing partner at NewEdge Wealth, join 'Halftime Report' to share their top picks to watch for the second half.
Private credit has grown from a $250 billion asset class in 2010 to a $1.6 trillion asset class today. Here's how it happened.
UBS may try to renegotiate deal terms with Apollo after sale of securitized products unit: Bloomberg
UBS AG UBS, +0.70% executives may seek to renegotiate the sale Credit Suisse's securitized products unit (SPG) to Apollo Global Management Inc. APO, +2.50% partly because of the fees that Credit Suisse agreed to pay Apollo, Bloomberg reported on Tuesday. Citing people familiar with the situation, Bloomberg said Apollo would have to agree to re-open deal talks after Credit Suisse inked the deal prior to UBS's distressed acquisition of its fellow Swiss bank earlier this year.
Per SEC's new rules to increase transparency, BX, CG, APO and KKR will have to issue quarterly fee and performance reports, and disclose fee structures.
US stock losses accelerated Wednesday morning after rating agency Fitch downgraded the US government's credit rating, citing fiscal and political instability. The S&P 500 (^GSPC) dropped 1.2%, while the Dow Jones Industrial Average (^DJI) fell around 0.7%.
Warren Buffett is a consistent buyer of rich and discounted cash flows. Investing like Buffett is different from investing in/with Buffett. Two +6% yields from Berkshire's favorite industry.
Private-equity mogul Leon Black agreed to pay $62.5 million to settle Epstein-related claims: report
Leon Black, founder of private-equity giant Apollo Global Management, agreed to pay $62.5 million to the U.S. Virgin Islands earlier this year to be free from any potential claims arising from the territory's three-year investigation into the sex trafficking crimes of the late disgraced financier Jeffrey Epstein, according to a Friday report.
Apollo Global Management has recovered from the banking crisis and is trading at a 52-week high, while Athene's preferred stocks remain undervalued. Apollo's innovative business model, which creatively uses insurance, is one reason for optimism about the company's future. The company is well-positioned to benefit from the banking crisis by increasing its share in investment-grade debt at the expense of banks.