Published on 20 Jul 2023 on Reuters via Yahoo Finance

Blackstone reaches record $1 trillion in assets; Q2 earnings slump

Article preview image

By Chibuike Oguh

NEW YORK (Reuters) - Blackstone Inc said on Thursday it became the first manager of alternative investments such as private equity and real estate to reach $1 trillion in assets, a milestone accompanied by news its second-quarter distributable earnings dropped 39% amid a slump in asset sales.

NYSE.BAM price evolution
NYSE.BEPC price evolution
NYSE.PLD price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
3 Cohen & Steers Mutual Funds to Buy Now

Cohen & Steers is an investment management company that has been in the industry for more than 35...

Zacks via Yahoo Finance 22 Nov 2023

Iron Mountain shares climb 4.7% in upbeat market

In comparison to its industry peers such as Prologis (NYSE: PLD ) Inc., International Business Ma... 14 Nov 2023

12 Best Buy-the-Dip Stocks To Buy Now

In this article, we will take a look at the 12 best buy-the-dip stocks to buy now. To see more su...

Insider Monkey via Yahoo Finance 14 Nov 2023

Buy 3 Real Estate Mutual Funds for Great Returns

According to the U.S. Census Bureau’s report, in September 2023, there was an increase in constru...

Zacks via Yahoo Finance 10 Nov 2023

Extra Space Storage's (EXR) Q3 FFO Lags, '23 View Revised

Extra Space Storage Inc. EXR reported third-quarter 2023 core funds from operations (FFO) per sha...

Zacks via Yahoo Finance 8 Nov 2023

15 Worst Performing Industries in 2023

In this article, we discuss 15 worst performing industries in 2023. If you want to skip our detai...

Insider Monkey via Yahoo Finance 1 Nov 2023

13 Best Real Estate and Realty Stocks To Buy According To Hedge Funds

In this article, we discuss the 13 best real estate and realty stocks to buy according to hedge f...

Insider Monkey via Yahoo Finance 29 Oct 2023

Is Prologis (PLD) a Good Long-Term Investment?

Baron Funds, an investment management firm, released its “Baron Real Estate Income Fund” third qu...

Insider Monkey via Yahoo Finance 20 Oct 2023

Prologis' (PLD) Q3 FFO and Revenues Beat, '23 View Raised

Prologis, Inc. PLD reported third-quarter 2023 core funds from operations (FFO) per share of $1.3...

Zacks via Yahoo Finance 17 Oct 2023

Should You Buy Prologis (PLD) Ahead of Earnings?

Accurate Estimate for the current quarter is currently higher than the broader Zacks Consensus Es...

Zacks 11 Oct 2023