Move Over State Street. JPMorgan Becomes Latest to File for Private Credit ETF

Move Over State Street. JPMorgan Becomes Latest to File for Private Credit ETF

What’s private is increasingly becoming public … or at least retail. This week, J.P. Morgan Asset Management got in line to be the next ETF issuer dabbling in private credit. The firm filed Tuesday with the Securities and Exchange Commission for approval of its Total Credit ETF, a product that would allocate up to 15% of assets to private credit. “The US corporate credit market is increasingly converging, as issuers move fluidly between public b…