FYI: It is going to be a really, really bad quarter for some U.S. hedge funds that invest in fixed-income securities, and waning market liquidity has a lot to do with it, according to Dan Fuss, vice chairman of Loomis Sayles & Co.
“It is probably going to be the worst quarter in history for a number of the fixed income-oriented hedge funds,” Fuss said at an event in Tokyo on Thursday. “A few are already known but there are some that were wiped out and just wound down
Regards,
Ted
http://www.bloomberg.com/news/articles/2016-03-17/bond-hedge-funds-facing-worst-quarter-in-history-loomis-says
