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High-Yield State Of Mind: #MICUS

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Jacob Wolinsky
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Notes from Bryan Krug of Artisan Funds, Harley Lank of Fidelity Investments and Elaine Stokes of Loomis Sayles and Co.'s presentation from the 2020 Morningstar Investment Conference.

Q2 2020 hedge fund letters, conferences and more

Jeffrey Aronson

High-Yield State Of Mind

High-yield bonds have been on an impressive run in recent years, but the global search for yield keeps pushing prices higher. The COVID-19 crisis has only amplified the hunt for yield. Our panelists will share their thoughts on where value exists in the sector, how they’re managing the risks, and what the growth of the bank-loan market means for high-yield investors.

Elaine Stokes

  • What was it like in march
  • Feb. brushed off everything
  • Avoid losers...

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Jacob Wolinsky is the ex-Founder of Valuewalk.com (founded 2011, sold 2023). He is founder of HedgeFundAlpha (formerly ValueWalk Premium), a hedge fund focused intelligence service for institutional investors. Prior to founding Valuewalk, Jacob covered small caps, worked recruiting members for a large hedge fund community and freelance financial journalism. Jacob lives with his wife and five kids in Passaic Park NJ. - Email: jacob(at)hedgefundalpha.com. For confidential inquires email me for my Signal ID. Other methods of secure communication are also available. FD: Most of my portfolio is in I mostly purchase broad-based ETFs, mutual funds or individual bonds - I do this for performance reasons and to avoid any potential conflict of interest or occasional receipt of insider information. I will disclose if I have a stake in any company, but in general I have few stocks and I avoid any trading especially around topics I am covering.