Fixed income long/short

Interesting times for global bond market

The bond market has not been immune to the global economic crisis. Investor confidence has been shaken. However, the overall lack of liquidity has increased the importance of bond markets as a source of finance for companies and governments.

Distressed strategy comes into play

The deep discounts on debt securities and expectations of a sharp increase in defaults have created a groundswell of interest in distressed debt strategies. Hedge Funds Review talks to fund managers about this strategy.