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Bloomberg

Blackrock Survey Says Americans Looking Beyond Savings for Retirement

Nick Nefouse, Global Head of Retirement Solutions and Head of LifePath at BlackRock joined Bloomberg Businessweek Daily to discuss their latest retirement survey, and retirement readiness. Nick said people that are approaching retirement need something more than stock and bond portfolios.

Read more: Blackrock Survey Says Americans Looking Beyond Savings for Retirement
Bloomberg

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

Bloomberg's Nabila Ahmed and James Crombie joins Katie Greifeld on "Bloomberg Real Yield." Ares Management 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.

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