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Carlyle joins fundraising frenzy with a $3.5B credit fund
Asset managers are targeting massive amounts of capital to benefit from credit market stress as the coronavirus leaves many companies in need of support.
REITs Slump 19%
REITs have been one of, if not the biggest contributors to the underperformance and volatility in mortgage bonds, said Bryan Whalen, co-head of mortgage bonds at Los Angeles-based TCW Group Inc., which oversees about $131 billion of assets.