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Jeff Gundlach, David Sherman, others; concerned, regarding IG bond issuance and the reasons.......
A quote from the article by the manager of RSIVX and RPHYX:
“It’s an awful time to be an investment-grade bondholder,” David Sherman, founder of New York-based Cohanzick Management LLC, which manages $1.6 billion, said in a telephone interview.
@00BY / @catch22 Thanks for the insights. Inverse bond opportunities/Short bonds for the brave. David Sherman's ideas in this space are only available to accredited investors.(who among us?) Cohanzick Nexus Cohanzick Investment Management’s Nexus Fund is only open to accredited investors as the term is defined by the Securities Act of 1933 under Rule 501 or Regulation D. Before accepting an investment in the Nexus Fund, it must verify an investor’s Accredited Investor Status. Nexus is a short-biased credit fund focused on event-driven and fundamentally-based mispricing among bonds within a corporate capital structure or between equity and corporate bonds. The fund is co-managed by David K. Sherman and Bruce A. Falbaum, CFA. http://www.cohanzick.com/credit-opportunities http://etfdb.com/etf/IGS/#fundamentals http://etfdb.com/etfdb-category/inverse-bonds/#returns
Comments
“It’s an awful time to be an investment-grade bondholder,” David Sherman, founder of New York-based Cohanzick Management LLC, which manages $1.6 billion, said in a telephone interview.
Thank you for the additional notes from the article. I've reworked the subject line.
Too little coffee this morning.....
Catch
Inverse bond opportunities/Short bonds for the brave.
David Sherman's ideas in this space are only available to accredited investors.(who among us?)
Cohanzick Nexus
Cohanzick Investment Management’s Nexus Fund is only open to accredited investors as the term is defined by the Securities Act of 1933 under Rule 501 or Regulation D. Before accepting an investment in the Nexus Fund, it must verify an investor’s Accredited Investor Status.
Nexus is a short-biased credit fund focused on event-driven and fundamentally-based mispricing among bonds within a corporate capital structure or between equity and corporate bonds. The fund is co-managed by David K. Sherman and Bruce A. Falbaum, CFA.
http://www.cohanzick.com/credit-opportunities
http://etfdb.com/etf/IGS/#fundamentals
http://etfdb.com/etfdb-category/inverse-bonds/#returns