“It’s a moment in time where the opportunity set is so rich”. Distressed debt investors have raised c. $100bn to exploit covid crisis. But so far the pickings are not as good as in 2008! Central banks are spoiling their party. Darn … @RobinWigg Indap
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By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys
June 28, 2022
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys via daily shot newsletter from