KKR Urges Investors to Shift to Private Credit After Bad Year for Stocks and Bonds
KKR & Co. is urging investors to increase their allocation to private credit amid dismal performance for the traditional 60/40 portfolio this year and a “breakdown” in the correlation between stocks and bonds.
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### Instruction: KKR Urges Investors to Shift to Private Credit After Bad Year for Stocks and Bonds

### Response: KKR & Co. is urging investors to increase their allocation to private credit amid dismal performance for the traditional 60/40 portfolio this year and a “breakdown” in the correlation between stocks and bonds.