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Kate Burke, who took over the top job at the US-headquartered asset manager in July, says private credit has not been ‘fully vetted’ during various market cycles
The chief executive of Allspring Global Investments says the US-headquartered firm is steering clear of private markets amid growing “noise” in the sector and concerns about looming risks in private credit.
“We are an active, public markets asset manager. Our suite of products and investment strategies are all on the active, public side,” Kate Burke toldFinancial News.
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