Hedge Funds

Cerberus: RMBS is still the place to be

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The firm explains why high returns in the sector will continue at the Absolute Return Symposium.

   
 

 Josh Weintraub of Cerberus (Photo: Axel Dupeux)

With mortgage backed security hedge funds having a blowout year, many current and prospective investors in the strategy are wondering if the high returns will continue. Cerberus Capital Management certainly thinks so.

Firm marketing and investor relations professionals Bob Richter and Jon Sebiri held a sponsored workshop for attendees at the Absolute Return Symposium to make the case.

"We feel that it's still a very broken market and that there are many years of worth of investment opportunities to come," said Sebiri to