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Hedge Funds Aimed at Ailing Companies Will Do Well, Agecroft Says
A report sees higher rates and a weakening economy pushing firms into bankruptcy or restructurings.
A report sees higher rates and a weakening economy pushing firms into bankruptcy or restructurings.
Consultants Agecroft Partners say that a turnaround in overall hedgie results is bringing a brighter picture.
Designed to fly high during slumps, a bunch of them have disappointed, big time.
The virus-battered stock market may let survivors in this shrinking field show their stuff once more.