2024-03-15 04:48:39 ET
Summary
- Asset managers are benefiting from rallying stock markets and stabilizing bond markets.
- Carlyle Group is one of the largest alternative asset managers and recorded Q4 2023 results, including record AUM.
- Analysts forecast earnings growth and potential for higher dividends, making CG stock an attractive investment, but I note key risks on the chart as we head into Q2.
Rallying stock markets around the world and a stabilizing bond market are tailwinds for asset managers. What's more, while capital market activity has been weak, there is optimism on Wall Street that dealmaking and private equity trends may improve in the second half of 2024....
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Carlyle: Asset-Management Tailwinds And A High Yield