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

Free Trial

Take a trial today and access

  • Performance news, fund launches, regulation changes and people moves
  • Profiles of fund managers, investors and distributors
  • Live league tables
  • Investor mandates

Popular Searches on HFI