Finance
JPMorgan’s New Credit Funds Win SEC Nod for Monthly Redemptions
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Article Summary
51 words
JPMorgan Chase & Co. won approval to offer monthly redemptions on a new interval fund investing in private and public credit, as the direct-lending industry grapples with another round of elevated requests to pull out cash. This story was reported by Bloomberg. For more Finance news in Kenya, stay tuned to Masaa.
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