{"id":36407,"date":"2013-06-27T11:20:41","date_gmt":"2013-06-27T15:20:41","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=36407"},"modified":"2013-06-27T11:20:41","modified_gmt":"2013-06-27T15:20:41","slug":"tough-road-ahead-for-securitized-credit-hedge-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2013\/tough-road-ahead-for-securitized-credit-hedge-funds.html","title":{"rendered":"Tough Road Ahead For Securitized Credit Hedge Funds"},"content":{"rendered":"<p>ValueWalk &#8211; The list of funds who tumbled in May and have continued to under-perform in June is getting longer by the day.\u00a0Credit focused funds, especially those who trade mortgage backed securities, experienced a time of high performance as the\u00a0Federal Reserve\u00a0took up a $85 billion\/month bond purchase program out of \u00a0which $40 billion was dedicated to MBS purchases only. As the\u00a0Fed\u00a0continues to drop heavy hints that\u00a0it will wind down\u00a0the easing program as soon as the labor market improves, funds focused on such securities are in for a tough ride.<\/p>\n<p>The billions injected into the market with\u00a0QE\u00a0have helped investors to profit from securities issued by mortgage lenders Fannie Mae, Freddie Mac and Ginnie Mae. Hedge funds who invested in MBS, ABS and RMBS returned in the range of 16 to 26 percent last year. MBS focused hedge funds populated last year\u2019s best performing lists and we are expecting them to populate the lower end of monthly returns for the next couple of months.<\/p>\n<p><a href=\"http:\/\/www.valuewalk.com\/2013\/06\/securitized-credit-hedge-funds\/\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ValueWalk &#8211; The list of funds who tumbled in May and have continued to under-perform in June is getting longer by the day.\u00a0Credit focused funds, especially those who trade mortgage backed securities, experienced a time of high performance as the\u00a0Federal [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-36407","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/36407","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=36407"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/36407\/revisions"}],"predecessor-version":[{"id":36409,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/36407\/revisions\/36409"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=36407"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=36407"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=36407"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}