Private equity, asset manager stocks sink as asset prices come under pressure

Jun. 16, 2022 2:20 PM ETAres Management Corporation (ARES), APO, KKR, BX, CGBAC, JPM, GS, C, MS, BLK, WFC, TROW, BEN, BN, AB, BN:CABy: Liz Kiesche, SA News Editor33 Comments

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As the Federal Reserve aggressively tightens policy, raising its key interest rate by 75 basis points on Wednesday, asset prices are prone to weakness. Indeed financing conditions are becoming stricter and borrowing costs are increasing, limiting the number

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