Strategy focus: Distressed disaster on bank loans

Mon Dec 15, 2008




It was a red October for distressed-debt funds. According to the Absolute Return Distressed Index, distressed strategies reported their worst month ever, down 7.94%. That puts the strategy at -15.95% for the year, its worst year on record. By comparison, the Absolute Return Composite Index lost 3.33% in October, for a year-to-date decline of 6.76%....

ISSN: 2151-1845 / CDC10004H

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