Reported 28 days ago
Private-credit ETFs are emerging as Wall Street's latest initiative to introduce private assets to retail investors, although they haven't yet made their way into 401(k) plans. Developed by firms like StateStreet and BondBloxx, these funds allow easy transactions in private loan markets, promising higher yields. However, they raise concerns regarding liquidity, especially as private-credit loans are often hard to value and sell quickly. Regulatory scrutiny is increasing, especially as there's a push to include private assets in retirement savings plans, despite some skepticism from lawmakers about the risks involved.
Source: YAHOO