
Money managers are racing to bring the Wall Street craze of private credit to ordinary investors. This trend is being driven by investing giants and ETF issuers who are eager to offer retail traders access to this booming sector of the financial markets. Private credit, traditionally available only to institutional investors, is now being democratized, allowing a broader range of investors to participate. This shift is seen as a significant opportunity for retail investors seeking attractive yields. Additionally, there are concerns about the availability of tickers for single-stock ETFs as the market for these funds, valued at $10 trillion, continues to grow. Securing a ticker has become a high-stakes mission.


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Matt Levine on the ETF'ization of private credit. Old enough to remember that fraud and asset liability mismatch were lethal risk. Apparently not the last one anymore... https://t.co/sZl9rtVos4 via @opinion