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Exclusive: GoldenTree Sees Opportunities As Bond Recovery Rates Hit Record Lows

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Rupert Hargreaves
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The specialist distressed investing firm GoldenTree Asset Management noted in its February credit market update that distressed credit recovery rates are currently at record lows despite the improving economic outlook.

The update noted that credit markets delivered mixed returns in February as rates moved markedly higher during the month, producing negative returns for rate-sensitive asset classes.

However,...

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha