Apollo’s second-quarter earnings surge 75% on upbeat annuities business

Chibuike Oguh Apollo Global Management Inc said on Thursday its second-quarter adjusted net income jumped 75% year-on-year, underpinned by strong growth in earnings from its retirement services business and management fees.   Adjusted net income rose to $1 billion, up from $576 million a year earlier. That translated to an adjusted net income per… Continue reading Apollo’s second-quarter earnings surge 75% on upbeat annuities business