WS #10675
Ares Strategic Income Fund caps redemptions at 5% after 14.4% of shares requested withdrawal, signaling stress in private credit markets. South Korea's KOSPI drops nearly 10% after regulator warns on leveraged ETFs, causing market turbulence and potential spillover to US-listed Korean ADRs.
Ares private credit fund caps withdrawals
Ares Strategic Income Fund caps redemptions at 5% after 14.4% of shares requested withdrawal, signaling stress in private credit markets.
South Korea's KOSPI drops nearly 10% after regulator warns on leveraged ETFs, causing market turbulence and potential spillover to US-listed Korean ADRs.