Distressed debt
Soft information in financial distress prediction: evidence of textual features in annual reports from Chinese listed companies
The authors use textual data in a model to predict financial distress, demonstrating that this can enhance prediction outcome versus traditional financial data alone.
Russian bondholders may frustrate restructuring of debts
Distressed debt holders use restructurings to extract returns. Getting the agreement of Russian investors will be hard
Global investors go local for Indian distressed assets
Number of domestic companies set up to invest in bad loans doubles in two years
Northill: bubble building for direct lending strategies
Cat bonds, high yield, US distressed, infrastructure risky too
Special assets and the bank board: a special relationship
Troubled debt teams can provide valuable op risk insight
Fixed income and event driven Americas winners announced
Deer Park, Pyrrho, PSAM, TSAF and Venor tell their stories
Marathon: expand hedge fund role in Europe's capital markets
Hedge funds to follow US model by taking on bank risks
Stress tests prompt NPL rethink
Banks expected to sell NPLs to improve stress-test resilience
Oaktree’s Howard Marks keeps specialisation at the heart of expansion
Trying to get it right
GLG European Distressed Fund: GLG Partners (Man Group)
13th Annual European Single Manager Awards 2013
Loans – why now?
Sponsored statement: BNY Mellon
Structured products
Special report
Recovery sparks spate of distressed asset sales
Making good on bad assets
Citi’s Gerspach: $12.7 billion accounting switch was legit
Switch of assets to trading book and subsequent sales meant to limit Basel III capital impact, says Citi's CFO
Nomura hires Hau
Nomura has know-Hau
US distressed debt funds look to euro crisis for opportunities
Stressful situations
Hedge fund of the year: Paulson & Co
Risk awards 2011
'Poor disclosure' by banks hampering bond investors: Diana Monteith profile
Profile: Diana Monteith
Axa IM to lend funds secured by ABS
The essential ABS
LBO companies face debt restructuring risk – Pimco's Jessop
The executive vice-president and portfolio manager at Pimco talks about the asset manager’s plan to broaden its high yield offering, and where he sees the current risks and opportunities in that market.
Distressed debt expert sees opportunities from global recession
The head of special situations at Alcentra says distressed debt investors should head for Europe if the global economy slumps again.