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Apollo, Oaktree, Hedge Funds Gear Up For Another Big Short

July 22, 2015 : Permanent Link

(Wall Street Journal Interactive) Wall Street is preparing for panic on Main Street. Hedge funds are lining up to profit from potential trouble at some “alternative” mutual funds and bond exchange-traded funds that have boomed in popularity among retirees and other individual investors…. Many on Wall Street worry that junk bonds, bank loans and esoteric investments held by some of those funds will be extremely hard to sell if the market turns, leaving prices pummeled in a rush for the exits. Concerns about such scenarios have been escalating for some time.

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