Q: Good Evening
Two of Canada’s largest private debt funds, Bridging Finance Inc. and Romspen Investment Corp., froze investor redemptions today, the latest sign of COVID-19-related stress in a sector popular with wealthy, income-seeking investors.
Do you see a similar action followed by mutual fund/ ETF companies freezing redemptions if things get worse with respect to COVID -19 ?
Thanks
Two of Canada’s largest private debt funds, Bridging Finance Inc. and Romspen Investment Corp., froze investor redemptions today, the latest sign of COVID-19-related stress in a sector popular with wealthy, income-seeking investors.
Do you see a similar action followed by mutual fund/ ETF companies freezing redemptions if things get worse with respect to COVID -19 ?
Thanks