By Hedge Fund Insight staff Distressed debt funds had a disappointing year in terms of returns in 2014. According to Evestment distressed funds returned 0.6% last year, and attracted net subscriptions of $9.15bn in 2014. The story is little different this year in terms of returns- Eurekahedge data makes distressed investing the strategy with […] Read more »
Benefits of Oaktree’s Expansion Into New Product Categories Recognised
From Fitch Ratings Fitch Ratings has completed a peer review of five rated Alternative Asset Managers (AAMs) and upgraded one of them, Oaktree Capital Group. Based on this review, Fitch has upgraded the Long-term Issuer Default Rating and unsecured debt rating of Oaktree to ‘A’ from ‘A-‘. The upgrade of Oaktree’s ratings reflects the firm’s […] Read more »