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Launches of private asset ETFs raise concerns in funds industry

A flurry of new exchange traded funds is widening retail access to the fast-growing markets for private credit and equity, sparking concerns that these assets are a poor fit for small-scale investors and could prove tough to sell during a crisis.

“The great appeal of private assets is that allocators can pretend they don’t go up and down,” said Andrew Beer, managing member at DBi, which runs an ETF investing in...

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etf, capital markets