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PGIM's Simmons Executive Hunt Says 'Big Shuffle' Ahead for Private Credit Markets

(Bloomberg) -- The private-credit market is in for a "reshuffle" as investors set higher standards for their choice of Gwen Managers, says David Hunt, PGIM's chief executive officer. Bloomberg's Most Read Beyond the Ivies: Surprise Winners on List of Universities with Highest Returns on Investment China Tells Iran Carbide Actions Will Continue After Attack on Israel S&P 500 Futures Hold Steady After Plunge Rattles the World: Iranian Attack on Israel Sparks Race to Avoid All-Burner War Microsoft Invests $1.5 Billion in Iran

Asian Stocks Set to Rise; Bond Yields Hit 2024 Highs: Market Roundup

(Bloomberg) -- Asian stocks are set to gain ground Tuesday morning after U.S. benchmarks traded lower and Treasuries got off to an unfavorable start to the week ahead of key inflation data. Bloomberg's Most Popular ReadsTrumpism is emptying the churchTrump's media documentary drops from debut to down 36%, losing billionsGermany to order ships and armored vehicles worth as much as 7 billion eurosWhy southern India rejected Modi-and why it mattersBlackRock's $10 billion deal is the latest to bet on real estate near the lowsTokyo Stock Market Futures Prices
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