Category Archives: Distressed Debt 1 Hedge Fund

Distressed Debt 1 Hedge Fund

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Updates to our Distressed Debt 1 Hedge Fund



Updates to our Fixed Income 2 (FX2) Segregated accounts

Durig’s FX2 SMA Ranked 1st by Informa

Bond funds with best 1-year returns

Falling oil prices, trade wars, tax overhaul and more are among the culprits for fixed-income’s less-than-stellar one-year results.

In the past year, the 20 top-performing bond funds with at least $5 billion in AUM posted an average annual return of less than 3%, according to Morningstar Direct data. For comparison, a similar screen of funds posted an average return of 9.95% in 2017, 13.17% in 2016 and 3.79% in 2015.

The most direct reason for the low figures the past year: multiple interest-rate hikes from the Fed last year — in March, June, September and December — helped flatten the yield curve, says Morningstar senior analyst Emory Zink. Continue reading

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Italian bond yields tumble as investors hold nerve after EU budget rejection

Italian bonds rallied on Wednesday, pushing two-year yields down as much as 23 basis points as markets shrugged off the European Commission’s rejection of Rome’s draft budget and focused on the possibility of compromise between the two sides.

Deputy Prime Minister Matteo Salvini refuted a La Stampa newspaper report that he was open to reviewing the 2019 deficit of 2.4 percent of GDP, but said other aspects of the budget could be discussed.

Prime Minister Giuseppe Conte said he was worried about Italy’s bond spread over Germany and that the government would respond with reforms. Continue reading

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U.S. investment-grade corporate bonds now riskier than before each recession since 1981: Moody’s

Record number of company credit ratings are on the cusp of ‘fallen angel’ downgrades

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As benchmark interest rates in the U.S. rise and the pace of corporate earnings growth slows, Moody’s Investors Service warned Friday that an unprecedented number of corporate credit ratings could be added to the “junk” pile. Continue reading

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Sign up for our free newsletter and be first to see our reviews

Updates to our Distressed Debt 1 Hedge Fund



Updates to our Fixed Income 2 (FX2) Segregated accounts

Durig’s FX2 SMA Ranked 1st by Informa