Giant hedge funds are going in a radical new direction: Training schemes for in-house superstars.
High-profile traders who have worked at some of the biggest hedge fund firms are behind some of the startups.
Funds are facing questions about fees and expenses in a high-rate environment.
The most popular funds effectively have a blank check for expenses.
Block said the REIT is exposed to a perfect storm of economic conditions hitting real estate.
The JPMorgan CEO also slammed policymakers' approach to tackling climate change.
The firm stands to benefit from stronger net interest income, plus improved fees and efficiencies in a "soft landing" scenario.
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