Both launches were logged Oct. 12, our records show; the $2 billion vehicle is roughly 27 times the size of M&G's $74 million private credit feeder.
Tokio Marine, International Finance Corporation, Schroders and BlueOrchard were involved in a $2 billion fund launch on Oct. 12, the same day M&G Investments launched a $74 million private credit feeder, according to our records.
The $2 billion launch is roughly 27 times the size of M&G's $74 million private credit feeder.
Reported by The Tape desk from ETF Daily deal log. Published . Corrections
The launch was logged Oct. 12, the same day as a $2 billion fund launch involving Tokio Marine, International Finance Corporation, Schroders and BlueOrchard.
Irish regulators approved four active UCITS ETFs from Capital Group the same week.
The five strategies held nearly $55 billion as of Aug. 31; the filing would add an ETF share class without moving the portfolios or changing their managers.
Each fund holds about $6.3 billion and charges 29 basis points for call-writing on the Nasdaq-100 and S&P 500.
The fund's beta is about 0.79 and its payout target is 6-8%.
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