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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.

Mixed reception for 130/30

Despite the enthusiasm with which the 130/30 strategy was first greeted, funds using this technique have failed to attract as much interest as first predicted. Hedge Funds Review talks to a variety of managers about the future for 130/30

Derivatives head for clearing

After the collapse of Lehman Brothers and the bailout of AIG, financial service regulators are searching for a way to bring order to the over-the-counter derivatives market. Top of the list are actions aimed at credit default swaps. US Editor Kris…

Power to the investors

Bruised investors are finally calling the shots in the hedge fund market as they seek to reallocate capital. With many now demanding greater liquidity, transparency and security, more of the business is likely to migrate to managed accounts. By Peter…

The end for ETNs?

The bankruptcy of Lehman Brothers has hammered home the importance of counterparty risk, fuelling dire predictions for the future of exchange-traded notes. But while some product issuers are retreating from the area, others remain optimistic. By Mark…

Structural shifts

The volume of structured products has declined dramatically over the past 12 months. With equity prices collapsing, some of those that are still investing are focusing on capital-guaranteed, income-generating structures. But do these products represent…

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