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.

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 ...

Apollo reported more than $220 billion of origination in 20241 supported by its credit business and broader origination ecosystem spanning 16 standalone platforms. Apollo estimates the potential ...

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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“We have concerns regarding the Fund’s liquidity risk management program,” SEC said in a filing. To contact the reporter on this story: Tim Smith in Sydney at [email protected] ...