There are plenty of good opportunities to be found in fixed-income arbitrage at the moment. The trouble for investors is finding a fund as the universe for the strategy has shrunk.
“After March 2008 there’s much less of what I’d call traditional fixed-income arbitrage,” says Chris Manser, global fund of hedge fund activities head at Axa Investment Managers. “I don’t think it’s dead but for the funds that are focusing 100% of their attention on it, it’s going to be difficult to r
The week on Risk.net, July 14–20, 2017Receive this by email