Tag

Corporate Credit

All articles tagged with #corporate credit

finance2 years ago

"Former GIC Bond Manager Launches Hedge Fund, BNP Paribas Expands into Wall Street Dealmaking"

Reuben Abrams, a former portfolio manager at Singapore sovereign wealth fund GIC, is planning to launch a hedge fund called Adira Investment Management in London by the end of the year. The fund will focus on long and short bets on corporate credit. Credit funds trading bonds globally have been performing well, with an average positive performance of 4.4% for the year to the end of July.

finance2 years ago

Navigating the Impending US Recession: Insights and Opportunities.

Economist David Rosenberg warns of an imminent recession that could result in a 20% hit to earnings and a 23% drop in stocks. He advises investors to have "dry powder" and liquidity to take advantage of better prices during the downturn. Rosenberg is bearish on equities due to high valuations and recommends investment-grade corporate bonds and private credit investments. He also suggests diversifying portfolios with recession-resistant alternative assets.