Apollo cuts risk and stockpiles cash in preparation for market turmoil
Marc Rowan tells investors firm is positioning itself for when ‘something bad happens’
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Investors seek protection from risk of AI debt bust
Trading in insurance-like products that protect against tech company defaults is booming
Fund managers prepare for ‘reckoning’ in US tech sector
Some investors reduce positions or buy protection for their portfolios amid concerns over valuations
A turbulent week for financial markets
Investors risk being too complacent about war in the Middle East
Apollo took bearish software view with bets against corporate debt
Private capital giant shorted loans and cut exposure to sector amid concerns over threat from AI
Companies speed up debt raising plans amid market volatility
Corporates try to take advantage of market rebounds rather than risk further turbulence or US midterm elections
We must be mindful of the risks of private credit
The sector remains untested in a severe or prolonged economic downturn