(Reuters) A growing number of hedge funds are moving into shipping debt, an asset class few have invested in before, looking to buy up loans and bonds as banks cut their exposure to the troubled sector. World economy worries and cost pressures are dampening prospects for a proper recovery in many segments of the shipping sector, which has struggled with tough markets for a decade.
Hedge Funds Hunt For Shipping Debt in New Market Push
This entry was posted in Syndicated. Bookmark the permalink.
