Flagship Ares private credit fund hit by 14% withdrawal requests
Firm caps redemptions as retail investor exodus accelerates across the industry
Economic news
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SpaceX bond sale signals markets are in ‘bubble territory’, warns Allianz CIO
Debt investors will scrutinise Musk’s rocket company more closely than equity markets, says Ludovic Subran
Robots are coming to the oil patch
Also in today’s newsletter, Russia receives an oil windfall amid Iran war
Cheat sheet for an EU financial geopolitics plan
How to become an autonomous global power in monetary matters
EasyJet in talks with Castlelake after rejecting £4.9bn takeover offer
Budget airline turned down offer that US private credit group submitted on Tuesday