The world’s second-largest asset manager has been known for taking a low-cost approach to investing over its 50-year history.
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The agency asked pointed questions about the new exchange-traded fund just hours after its launch last week.
Many advisors say they’re not ready to trade in tried-and-true index funds for private credit funds.
Citigroup and asset management giant Apollo Global announced an alliance to source $25 billion worth of deals in the next half-decade.