JUST FOR FUN
Goldman Sachs’ board discussed COO John Waldron taking the reins around the end of next year or early 2028, The Wall Street Journal reported.
Oura had previously planned to sell 50 million shares between $40 and $44 at a roughly $14 billion valuation.
The massive asset manager is the latest to add ETF share classes to its existing mutual funds, giving the treatment to $55 billion of products.
With equity concentration at historic highs, alts can help manage risk and calibrate AI exposure, advisors said.
The company will convert six mutual funds with collective assets of $33 billion.
The slowdown may be temporary, but the situation could become much more concerning the longer owners defer selling their businesses, per DeVoe & Co.
