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A KKR logo displayed on the floor of the New York Stock Exchange on Aug. 23, 2018. Brendan McDermid | Reuters Moody’s Ratings on Monday downgraded a private credit fund run by KKR and Future Standard to junk amid rising bad loans and a string of weak earnings. The ratings firm lowered the debt ratings…
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NEW DELHI: AAP national convener Arvind Kejriwal on Monday claimed that Prime Minister Narendra Modi may not continue in office beyond 2026, as opposition leaders launched a broad attack on the BJP-led Centre at the launch of Shiv Sena (UBT) leader Sanjay Raut’s book ‘Unlikely Paradise’ in the national capital.Speaking at the event, Kejriwal said,…
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Invesco, a U.S.-based asset manager overseeing $2.2 trillion in assets, will take over management of Superstate’s tokenized U.S. Treasury fund in a move that brings a large traditional asset manager deeper into blockchain-based finance. The USTB fund holds short-term U.S. government securities and represents more than $900 million in assets. It ranks among the largest…
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