US IPO Rebound Does Little to Dent Private Markets’ Rapid Growth

Sep 22, 2025 | Markets, Private Markets

Investment bankers are cheering the recovery in US first-time stock sales. But the revival comes too late to halt a decades-long slump in the number of public companies amid the unchecked growth of private markets. The number of American public companies stood at...

Dollar Nears a Three-Year Low Ahead of FOMC’s Rate Decision

Sep 17, 2025 | Markets

Bloomberg’s gauge of the dollar approached its lowest level since March 2022 ahead of the Federal Reserve decision, where policymakers are expected to resume cutting interest rates to prop up a weakening labor market. The Bloomberg Dollar Spot Index was little...

Private Markets’ Exposure Rises at Top Pension Funds

Sep 16, 2025 | Markets, Private Credit

Regulation and compliance have driven an unprecedented wall of US retirement money into private assets, a new report by Bloomberg Intelligence shows, casting new light on the real-world risks from finance’s continued push into areas beyond the traditional oversight of...

Ralph Lauren Slips as Three-Year Sales Guidance Disappoints

Sep 16, 2025 | Markets

Ralph Lauren Corp. sees revenue growth remaining similar to recent rates over the next three years, according to the preppy fashion company’s latest strategic outlook. The New York-based retailer is projecting sales to grow at a mid-single-digit percentage annually...

Mutual Fund Titans Plowed Into Private Markets. It Isn’t Working

Sep 15, 2025 | Markets, Private Credit

Asset managers expanded into alternative investments for higher fees. Some ended up facing culture clashes and sluggish pickup from salespeople. If there ever was a perfect moment for a mutual fund giant to leap into the hotter arena of alternative investments, T....