European distressed debt investors could benefit from double-dip

business-for-sale

Distressed debt investors should head for Europe if a double-dip recession materialises, according to the head of special situations at Alcentra, BNY Mellon Asset Management’s specialist high yield unit.

“It is highly likely we are heading back into a recession,” says Damien Miller, who fears a second downturn could be as early as two months away, striking in either Q4 this year or Q1 2011.

However, Miller says that for distressed investors, “opportunities are only going to get bigger,” with the

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: