T. Rowe Says Its Retail Private Credit Fund Is in 'Early Stages'
(Bloomberg) -- Big traditional money managers are finding that it’s taking time to capitalize on the frenzy to start private credit funds for retail investors.Most Read from BloombergA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaUkraine’s Army Chief Replaced After Rift With ZelenskiyEpstein Contacted Staley for Years at Barclays Using Go-Between, Court Filings ClaimCitadel Among Hedge Funds That Got Morgan Stanley’s Block-Trading LeaksXi’s Markets Shakeup Surprised Insiders, Showin