While volatility clouds the picture for asset managers in the near term, over the long run, things have been much clearer.

The Fund returned approximately +14% during the second quarter, bringing our YTD returns to under +1%. Read more here.

The private-equity group on Wednesday posted net income of $319.7 million, or 87 cents a share, compared with $148.2 million, or 40 cents a share, a year earlier. The U.S. asset manager plans to take ...