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The year got off to a rocky start with two straight months of declining total returns, but REITs ended the first quarter on a hot streak and are closing in on break-even for the year.
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.
Walmart is raising salaries for its truck drivers to make its supply chain run more smoothly, reports The Wall Street Journal. Los Angeles Times looks at how Opportunity Zones have become a tax break for the rich. These are among today’s must...