Howard Marks’ Words in 2016

By Hedge Fund Insight staff   Howard Marks, co-chairman of Oaktree Capital Group, is a closely followed as a commentator on investment matters.  Here is a small selection of his comments and prognostications from this year.   “Experience is what you got when you didn’t get what you wanted.” “I view alternative investing as like […] Read more »

Default Rates Rising in US Leveraged Loans & High Yield

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From Fitch Ratings, with additional content from Hedge Fund Insight staff   A total of $2 billion of loan defaults in November led by Millennium Health LLC pushes the trailing 12-month (TTM) default rate to 1.7% from 1.5% at the end of October, according to Fitch Ratings. Millennium’s $1.8 billion Chapter 11 filing on Nov. […] Read more »

Hedge Funds Positioning to Benefit from Euro Banks Spitting out Assets

“The Economist” (19th November 2011 edition) has just written about the market for assets being spat out of European banks. The article is reproduced below. For my part I see the market for leveraged loans in Europe becoming very attractive to buyers who know how to be selective, with, unlike the bank asset story, an […] Read more »