Selloff hits ARES
Ares is falling harder than the S&P 500 in a broad risk-off session, with the pressure pointing to continued yield and rate sensitivity in alternative asset managers, and today's positive fundraising headlines are getting overshadowed by the selling.
Sources: https://seekingalpha.com/news/ares-raises-more-than-quadruple-target-for-secondaries-fund-report?fe
Sources
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