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...

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 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’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 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...

Bitcoin fell to an almost two-week low as a selloff in tech stocks hit risk assets. The original cryptocurrency fell as much as 3.9% to $61,877, its lowest level since June 11. It pared some losses to trade around $62,400 in New York trading hours. Other...