Monday, 30 November 2015
Last updated 2 days ago
Jan 18 2012 | 11:13am ET
Babson Capital Management finds itself drawn inexorably to credit markets, an inclination it has no plans to deny.
The MassMutual subsidiary plans to increase its multi-strategy fund's exposure to debt, fund manager William Awad said. The five-year-old fund will invest between 5% and 10% of its assets in credit.
"If you look at debt spreads versus equities, debt spreads seem attractive now compared to historical averages," Awad told HFMWeek.
Which is not to say that Babson is abandoning stocks. To the contrary, the firm plans to team with sister MassMutual affiliate Baring Asset Management to co-manage the portfolio.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…