Correction: Oaktree Capital, fiduciary rule

  • Oaktree Capital Group's growth in management fees was partially due to the start of the investment periods of Oaktree Opportunities Fund X and Oaktree Real Estate Opportunities Fund VII. The investment period of Oaktree Opportunities Fund Xb has not yet started. Incorrect information was in a Feb. 7 P&I Daily story.
  • The presidential order calling for the Department of Labor to postpone and review the fiduciary rule did not include a timeline. A Feb. 3 P&I Daily story had incorrect information.