Young investors are speaking a different language and expecting more from their portfolios. Advisors who embrace this change can help educate them and plan for their futures.
If shareholders don’t like the eventual target -- or if a SPAC fails to find anything by a set deadline -- investors can redeem their shares for cash at the IPO price, plus any interest earned.
Stars are facing legal questions on how they tout their involvement in the nonfungible-token market and whether they need to disclose paid endorsement deals.
Part of Apollo's plan to expand the business will involve making it easier to get into private credit, real estate and buyout funds through technology.
Alternative assets like real estate, private debt and private equity are seen as a way to diversify and earn returns uncorrelated with traditional financial markets.