SEC Asks State Street to Cut Apollo From New ETF’s Name
The Securities and Exchange Commission has raised liquidity and naming issues with State Street Corp. over its new private ...
US regulators, in unusual move, raise concerns about new private credit ETF
The U.S. Securities & Exchange Commission sounded the alarm about aspects of the first broad private credit market ...
New ETF PRIV Bridges Private And Public Credit, Draws Investor Interest And SEC Concerns
EFT PRIV by State Street & Apollo offers steady returns & income, allocating 80% to investment-grade debt & 20% to high-yield bonds. SEC raises concerns.
Financial Advisor9h
State Street, Apollo's Private Credit ETF Raises SEC Concern
The regulator's worries center on the fund's liquidity, its name and its ability to comply with valuation rules.
Apollo’s private credit ETF claims to have squared the circle
Even the most advanced financial engineering may not be able to solve the almost immutable laws of financial markets ...
InvestmentNews12h
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 ...
State Street to acquire global custody business from Mizuho
State Street (STT) announced they have entered into an agreement for State Street to acquire Mizuho’s (MFG) global custody and related ...
Morningstar, Inc. (NASDAQ:MORN) Shares Sold by New York State Common Retirement Fund
New York State Common Retirement Fund reduced its position in Morningstar, Inc. (NASDAQ:MORN – Free Report) by 9.7% in the ...
Opalesque18h
State Street and Apollo launch private credit ETF
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 to acquire Mizuho Financial Group’s global custody business
State Street (NYSE:STT) to acquire Mizuho’s global custody and related businesses outside of Japan, the company said on Friday. These businesses support the overseas investments of Mizuho’s Japanese ...
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 ...