Ares Private Credit Fund Caps Redemptions After 14% Seek to Exit

Jun 25, 2026 | Markets, Private Credit

Ares Management Corp. curbed withdrawals from one of its private credit funds for the second consecutive quarter after redemption requests rose to 14.4%, the latest sign that the $1.8 trillion industry remains under pressure. The $22.6 billion Ares Strategic Income...

Investor Who Scored 900% Win in 2008 Crisis Has New Big Short Bet

Jun 24, 2026 | Markets, Private Credit

Hedge fund manager Lee Robinson notched a 900% gain during the global financial crisis by turning a $20 million position into $200 million with timely bets against the US subprime mortgage sector. Today, he sees a new opportunity as risks bubble up around private...

Gold Breaks Below $4,000 as Multi-Year Rally Grinds to a Halt

Jun 24, 2026 | Markets

Gold fell below $4,000 an ounce for the first time since November, as a resurgent dollar and the prospect of higher interest rates bring bullion’s three-year bull market to a halt. Prices slipped as much as 3.7% to trade below $3,970 an ounce, retreating for a second...

Michael Saylor Faces a Bitcoin Dilemma With No Easy Way Out

Jun 24, 2026 | Markets

Michael Saylor’s Bitcoin buying machine Strategy Inc. should stop purchasing the cryptocurrency if it wants to restore market confidence in its shares. That’s according to Julio Moreno, head of research at CryptoQuant, who argues Strategy’s priority should be to...

Copper Holds Losses as Dollar and Hawkish Fed Pressure Metals

Jun 24, 2026 | Markets

Copper and industrial metals largely held Tuesday’s slump as a stronger dollar and the Federal Reserve’s hawkish stance weighed on the demand outlook. Copper was slightly higher on the London Metal Exchange, after losing 2% on Tuesday as a bearish turn in equity...