The U.S. Securities & Exchange Commission sounded the alarm about aspects of the first broad private credit market ...
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.
Even the most advanced financial engineering may not be able to solve the almost immutable laws of financial markets ...
But in a letter to State Street after the fund launched, SEC associate director Brent J. Fields expresses concern about the ...
Invesco Preferred ETF has risks from long duration and sector concentration. Learn why PGX may not be suitable for cautious ...
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 ...
For us, at least, it's maybe a little bit early to wade in' and buy beaten-down home builders, says Janus Henderson portfolio manager Hello! This week's ETF Wrap looks at pummeled home builders - and ...
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