By Suzanne McGee NEW YORK (Reuters) -State Street Global Advisors' much-anticipated private credit exchange-traded fund, developed with alternative investment firm Apollo Global Management, began ...

EFT PRIV by State Street & Apollo offers steady returns & income, allocating 80% to investment-grade debt & 20% to high-yield bonds. SEC raises concerns.

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The regulator's worries center on the fund's liquidity, its name and its ability to comply with valuation rules.

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But in a letter to State Street after the fund launched, SEC associate director Brent J. Fields expresses concern about the ...

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Handelsbanken Fonder AB trimmed its stake in The Western Union Company (NYSE:WU – Free Report) by 17.7% in the fourth quarter ...

Sigma Planning Corp grew its position in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU – Free Report) by 5.5% during the fourth quarter, according to its most recent disclosure with the ...

State Street, one of the largest ETF issuers in the US, is sponsoring the fund, while Apollo will source private credit investments for the product. Apollo has also inked an agreement to shore up ...