Maglan Up 15% YTD Adds Music To Hedge Fund Mix

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Mark Melin
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Maglan Capital’s Chief Investment Officer Steven Azarbad President David Tawil are riding high with their distressed investing strategy, up nearly 15 percent year to date, and they reveal one secret to success: “When blood is in the streets, we're all vultures.”

Maglan Up 15% YTD Adds Music To Hedge Fund Mix

Maglan: High defaults turns distressed-focused investor  into a fixed-income bargain-hunter

Writing in their July investment letter, Maglan notes that when defaults are high “any remotely distressed-focused investor (and even many high-yield investors and general event-driven...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.