Coverage, charts, video and research on The Universal Owner for universal owners.
Four of the largest semi-liquid funds gated in the same quarter - but 829 of 831 Ares loans were performing. A liquidity-design test, not a default cycle.
Four of the largest semi-liquid funds gated in the same quarter - but 829 of 831 Ares loans were performing. A liquidity-design test, not a default cycle.
Japan ends the era of cheap global money; the sovereign secondary wave; the AI build-out as an inflation engine.
The June 23 rout exposed the universal owner's real risk: index concentration you can't diversify away — and bonds that no longer cushion it.
The June 23 rout exposed the universal owner's real risk: index concentration you can't diversify away — and bonds that no longer cushion it.
The June 23 rout exposed the universal owner's real risk: index concentration you can't diversify away — and bonds that no longer cushion it.
Starmer's resignation reprices a G7 sovereign curve, stewardship goes on trial at PRI Investor Day, and the world's largest fund has its ethics tool switched off — plus today's scenario, chart and tool.
US markets closed for Juneteenth. Three stories: a 49 GW power shortfall priced at GFC lows, Asia's sovereign rebalancing, and private credit's institutional-retail divergence.
Sweden draws the line, the regulators behind it, and the $280bn the watchdogs can't see — plus one chart.
Research, charts, video and podcast analysis for the institutions investing at the scale of the world.
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