Wall Street is banking on mass credit default swaps by creating a new investment index that would help investors bet against managers of private credit funds, according to a report. The CDX Financials tool includes insurers, regional banks, and credit card companies. Private credit fund managers, such as Apollo Global Management and Blackstone, make up […]
Wall Street bets on mass credit defaults with new investment index: Report
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Wall Street bets on mass credit defaults with new investment index: Report