New day, new cockroach: $9trn fundie’s big private credit fear
As yet another private credit fund limits redemptions from investors, Lori Heinel, the chief investment officer of investment giant State Street, worries a doom loop is emerging.
Like most investors, Lori Heinel confesses she feels as though she’s in a state of suspended animation.
The chief investment officer of the investment giant State Street, who oversees $US6 trillion ($8.6 trillion) of funds under management, says it’s almost impossible to see through the shadow cast by the war on Iran.
