State Street stole a lead on rivals with new ETF, but SEC is concerned
But in a letter to State Street after the fund launched, SEC associate director Brent J. Fields expresses concern about the fund’s liquidity, name (“the use of Apollo in the fund’s name is misleading”), and its ability to comply with valuation rules.
US flags concerns with State Street and Apollo private credit ETF
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 liquidity on the private credit side of the fund’s portfolio, which also includes public debt.
State Street (NYSE:STT) rolled out an exchange-traded fund investing in investment-grade private credit, including ...
State Street (STT) announced they have entered into an agreement for State Street to acquire Mizuho’s (MFG) global custody and related ...
One of the UK’s largest pension funds has pulled £28bn from State Street, in a high-profile example of an asset owner pushing ...
The American Federation of Teachers, with $4 trillion managed for retirees and others, wants asset management CEOs to do ...
To honor its legacy and bring neon back to State Street, the Salt Lake Art Design Board commissioned eight Utah-based artists ...
Real estate investors looking to make a big bet on State Street's post-pandemic retail turnaround have a new option.
Popeyes Louisiana Kitchen will open near the University of Wisconsin-Madison’s campus on State Street in late March or April, ...
A new bill aims to protect the personal data of California's street vendors from being given over to federal immigration ...
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