Tue, Feb 9, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

CLOs, structured products, Japan attract the eye of fund of funds

Tuesday, May 14, 2013

Bailey McCann, Opalesque New York:

The credit space is heating up with interest from funds and investors as they search for yield. Recent reports show that asset inflows to credit are holding steady and leverage is starting to creep back up. Credit strategies are also catching the eye of fund of funds like California-based, Pacific Alternative Asset Management Company (PAAMCO) which has approximately $8.6bn in assets under management. I spoke with Putri Pascualy, Portfolio Manager & Credit Strategist at PAAMCO, during the Skybridge Alternatives (SALT) Conference, about her new book and the landscape of investments in credit.

Pascualy works with both investors and credit managers in order to build the credit portfolio at PAAMCO. Prior to joining the firm she was an economist at Cornerstone Research and is now using both skill sets on a new book due out early next year. The book, tentatively titled Investing in Credit Hedge Funds, is offered as a framework for professional investors. "I don't want the book to be a textbook," Pascualy tells Opalesque. "I want it to be a practical tool for professional investors to use when they evaluate credit hedge fund strategies."

Through her day-to-day work, and writing the book, Pascualy gets an up close look at what investors expect from the credit space, as well as the challenges faced by credit managers. So far 2013 has been a ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - Avenue Capital's Marc Lasry: We like European bank loans, Comment: A bunch of hedge fund managers are chasing the 'dream of crushing a major structural problem'[more]

    Avenue Capital's Marc Lasry: We like European bank loans From CNBC.com: European banks are under immense pressure, but at least one prominent hedge fund has found what it thinks is a good opportunity in the wreckage. Marc Lasry, co-founder and chief executive of hedge fund Avenue Capital

  2. Credit Suisse cherry picks hedge fund ideas[more]

    From FT.com: Credit Suisse Asset Management plans to cherry pick profitable concepts from hedge funds with the launch in Europe of a “best ideas” strategy. The investment arm of the Swiss bank said the strategy will separate it from other funds blighted by “overcrowding problems”. It comes at a time

  3. Investing - Hedge funds bet on risks in U.S. blue-chip debt, Hedge funds bets against bank credit risk paying off, Tiger Global still likes Internet names, gets pointers from Jeter[more]

    Hedge funds bet on risks in U.S. blue-chip debt From WSJ.com: Hedge funds are betting the next bond sector to crack will be the $4.5 trillion market for the safest U.S. corporate debt. New York’s Perry Capital has placed a $1 billion wager against investment-grade bonds issued by 10 comp

  4. Short Selling - Hedge fund manager Kyle Bass is shorting real estate—again, Top US hedge fund has €80m short position in Paddy Power Betfair[more]

    Hedge fund manager Kyle Bass is shorting real estate—again From Fortune.com: He also predicted the mortgage crisis in 2008. Hedge fund manager Kyle Bass, who runs Dallas-based Hayman Capital, tanked the stock of a little-known real estate financier Friday by revealing that he is shorting

  5. HFRU Hedge Fund Composite Index down -2.58% in January[more]

    Global financial markets posted sharp losses in January led by declines in Oil and global equities, though steep intra-month losses in both were narrowed by strong gains in final trading days of the month. Global equities posted steep declines for the month led by Biotechnology, Energy, Financial, E