{"id":7030,"date":"2008-01-23T00:00:00","date_gmt":"2008-01-23T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"refile-hedge-funds-see-big-gains-in-distressed-investing","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2008\/refile-hedge-funds-see-big-gains-in-distressed-investing.html","title":{"rendered":"REFILE-Hedge funds see big gains in distressed investing"},"content":{"rendered":"<p>Reuters- Distressed asset investing, which has been in the doldrums for years, is making a comeback among hedge funds, which predict the strategy could be a top performer in several years, investment managers told a hedge fund gathering on Tuesday.<\/p>\n<p>&quot;Distressed, distressed and more distressed,&quot; said Bruce Richards, chief executive officer of the $10.7 billion hedge fund firm Marathon Asset Management, when asked about his best investment idea at the GAIM 2008 conference in Boca Raton, Florida.<\/p>\n<p>&quot;It&#8217;s the greatest time we&#8217;ve seen since 1990,&quot; Richards said referring to the savings and loan crisis that left many financial institutions insolvent and forced a government bailout.<\/p>\n<p><a href=\"http:\/\/news.google.com\/news\/url?sa=T&#038;ct=us\/2-0&#038;fd=R&#038;url=http:\/\/www.reuters.com\/article\/companyNewsAndPR\/idUSN2252231920080122&#038;cid=1126745577&#038;ei=wxqXR4TuBYaIrQOB0cDFBw\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters- Distressed asset investing, which has been in the doldrums for years, is making a comeback among hedge funds, which predict the strategy could be a top performer in several years, investment managers told a hedge fund gathering on Tuesday. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7030","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7030","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7030"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7030\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}