Bets on beaten-down Chinese distressed bonds could pay off if the nation persists with its credit easing and there’s a sustained rally in the domestic stock market, according to an Asia-based hedge ...
But its decision will test the appetite of investors to support the controversial structure. Hedge Fund Sees China Distressed Debt Yielding Juicy Returns (Bloomberg) Bets on beaten-down Chinese ...
My focus has been active clients (i.e., hedge funds and large asset managers ... it’s important because it’s a driver of performance in the Long/Short equity space. What I think is key is that in ...
In the last three years, the Top 100's average annualized hedge fund returns ... He sees significant arbitrage opportunities among various capital securities opened up both by sovereign-debt problems ...
The fund’s investments are value-oriented and they include global distressed debt ... a compound annual return of 14.56%, and its worst drawdown was 3.36. Insider Monkey’s flagship strategy identifies ...
New York and California investors have gotten plenty of attention for helping drive a $20 billion influx of cash into municipal mutual funds ... extra yield, with Minnesota rated AAA by S&P Global ...
HONG KONG (Reuters) - Opportunities to scoop up bargains in distressed debt in Asia are growing to the best levels in a decade, said hedge fund manager ... posted a return of 14.06 percent in 2007, ...
The company did not return ... this latest high-yield "blow-up" will crash markets. Some sectors of this market are not going to be able to get debt financing. They might go to hedge funds or private ...
When Bruce Richards and Louis Hanover co-founded Marathon Asset Management in 1998, it wasn’t obvious that buying the debt of extremely stressed or bankrupt companies could be a great idea. There was ...
A paucity of distressed-debt ... return.” For instance, litigious creditors are scrutinizing companies’ bond indentures to find potential covenant breaches, says Rufino. One example: A disagreement ...
Hedge funds have ... removed.” Debt markets present another opportunity, whether in convertible bonds (CBs) or straight debt. According to ING, $26.5 billion of emerging Asia’s corporate debt is at ...
Said differently, some GNC term loan holders bought GNC's term loan not to earn a rate of return via yield, rather they own it as weapon ... it appears that some of the Masters of the Universe hedge ...