Schwarzman Preparing Mutual Fund in Retail Drive

June 12 (Bloomberg) -- Blackstone Group’s Stephen Schwarzman said his firm is planning a mutual fund-type offering as the world’s biggest alternative-asset manager joins firms from Carlyle Group to KKR in efforts to attract individual investors. Bloomberg's Jason Kelly speaks with Deirdre Bolton on Bloomberg Television's "Money Moves." (Source: Bloomberg)

Daybreak: What You Need to Know Today July 27
02:05 - Countdown's Manus Cranny and Anna Edwards gives you the top stories on Daybreak, Bloomberg's new custom morning briefing. Details surrounding Apple's jump on iPhone optimism, the Yen roller coaster as Abe takes stage and a gloomy report seen from Deutsche Bank - and more - are available on {DAYB}.
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