Views at the Absolute Return Symposium from GoldenTree, Pine River, Brevan Howard and Cerberus; "a lot more opportunity."
|Credit bulls sound off at the Absolute Return Symposium: Fehrenbach, Tananbaum, Moderator John Baskott, Teichholtz, Warren, Weintraub (L-R) (Photo: Axel Dupeux)|
Some investors have wondered if the recent strong returns from investments in high yield credit and mortgage backed securities can continue. Leading hedge fund managers gave an unequivocal answer at the Absolute Return Symposium last week: Yes.
"What will be the breaking point where we don't think that it's attractive? We are so far away from that," said David Warren, chief executive of $4 billion DW Investment Management and manager of