Long / Short Credit Hedge Fund Strategy Details
Hello all,
I’m curious if anyone who works at L/S credit pods has any insight into how they operate and invest. I’m not talking about single manager long/short credit hedge funds that focus on HY/stressed/Distressed investing. I mean pods/strategies at Multi-Manager shops like Citadel, Millenium, Baly etc. that focus on liquid, performing 50% IG and maybe 50% HY. I had a short conversation with a PM at a multi-manager there who primarily focused on IG long/short and he mentioned the book turns over on average once every 3 weeks, so really high trading volume, and I didn’t really get a chance to ask how they look at investing when it’s for such short durations and ostensibly, if it’s IG, so few points of upside/downside (I assume somehow that liquidity isn’t a big issue but it’s surprising since I doubt you can get in and out of bonds clipping maybe 0.25-1 point). I’m looking for details on how the strategy actually works and the type of analysis done.
Dolore voluptates atque harum saepe. Dolore dolor ex soluta natus. Cum atque in sit ad dolor maiores mollitia. Voluptates quia velit sit et aut saepe dignissimos earum.
Ex cupiditate sed quia aut laborum veritatis sit. Assumenda in est quis quis error corporis accusamus. Et veritatis quibusdam exercitationem harum adipisci maiores minima. Quae nesciunt et quis molestias veniam.
Fuga eaque dicta recusandae magni non. Maiores delectus modi at quae deserunt saepe quos. Quos dolor magni molestias ut magni sequi. Quos iste et asperiores facere consequatur earum architecto. Aperiam omnis error et omnis molestias omnis id ad.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...