Direct lending is projected to fare better than syndicated loans and junk bonds.
Funded levels for US public pension funds rose nearly 2 percentage points to 78.2% during the second quarter.
House Republicans support blocking the SEC’s market structure proposals, but Senate Democrats do not.
APG Asset Management’s Matilde Segarra and independent Poul Winslow will join the Canadian nonprofit’s board of directors.
The new rules will increase liquidity requirements and change the fee structure.
Perhaps the 2020 downturn was just Part 1, BCA Research warns.