The US Securities and Exchange Commission expressed concerns over a much-anticipated private credit exchange-traded fund from ...
Even the most advanced financial engineering may not be able to solve the almost immutable laws of financial markets ...
There's a new ETF in town. SPDR SSGA Apollo IG Public & Private Credit ETF (PRIV) will trade Thursday at the NYSE. This fund ...
A novel private-credit ETF from State Street Corp. and Apollo Global Management Inc. started trading on Thursday, in a ...
But in a letter to State Street after the fund launched, SEC associate director Brent J. Fields expresses concern about 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 ...
Private asset investing is no longer limited to the ultra-wealthy. ETFs are opening the world of private assets to retail ...
State Street (NYSE:STT) rolled out an exchange-traded fund investing in investment-grade private credit, including ...
SSGA Funds Management is a subsidiary of State Street Corp., while State Street Global Advisors is the investment management ...
EFT PRIV by State Street & Apollo offers steady returns & income, allocating 80% to investment-grade debt & 20% to high-yield bonds. SEC raises concerns.
The race to open up the multi-trillion-dollar private-asset market to retail investors is getting a jolt, as a ...
The letter came after the ETF officially launched on Feb. 27, debuting on the New York Stock Exchange under the ticker “PRIV.