Rising leveraged-loan defaults are hitting CLO equity retail funds—dividends cut, prices slump, leverage bites.

When the economy is good, predictions for the next downturn abound: when it will start, what will cause it and who stands to lose. This time around, Wall Street-watchers are warning about private ...

Fear of rising defaults is spreading from the leveraged loan market to some of the retail funds that ultimately buy the debt as investors get choosier about taking on credit risk.

Why pay full price for an investment when a similar one is available at a 20%-plus discount? That unusual situation is playing out now in the $400 billion market for business development companies ...

(Bloomberg) -- Private credit is pulling out all the stops to attract retail investors with increasingly popular open-ended vehicles that are bringing a new set of risks for the fast-growing industry.

Top economist Mohamed El-Erian said that systemic risk from the rapid expansion of private credit is an "elephant in the room ...

Bloomberg US Aggregate Bond Index & Bloomberg Global Aggregate Index returned respective 1.1% and 0.2% during Q4, each ...

The BlackRock Global Long/Short Credit Fund falls into Morningstar’s long/short credit category. This category includes funds that take long and short positions in various credit and debt instruments.