State Street, Apollo to Rename Scrutinized Private Debt ETF
A much-anticipated private credit exchange-traded fund from Wall Street giants State Street Corp. and Apollo Global Management Inc. said it will change its name after the US Securities and Exchange Commission shared concerns over the ETF.
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.
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