Broken Moats on X
Semiconductor swings and AI-driven software rallies have created idiosyncratic short setups, including private-credit-exposed insurers FG, MET and MFC and payroll vendors PCTY and PAYC.
NYSE
F&G Annuities & Life, Inc.
FG
3 articles
$3B Market cap · 2026-08-25
Broken Moats on X
Little perplexed you get more negative redemption stories around private credit, and the market only sells off the the the pure play PE companies. First derivatives are up? $MFC $FG $MET $WAL all have sizable exposure to the same asset class.....
Broken Moats on X
Software sold off as private-credit names MFC, ARES and FG rose alongside banks, with JPM up 14% in June. The valuation gap points to lower private-credit prices.
