{"id":4784,"date":"2006-07-27T00:00:00","date_gmt":"2006-07-27T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"fund-industry-eyes-distressed-debt-opportunities","status":"publish","type":"post","link":"https:\/\/staging.hedgeco.net\/news\/07\/2006\/fund-industry-eyes-distressed-debt-opportunities.html","title":{"rendered":"Fund industry eyes distressed debt opportunities"},"content":{"rendered":"<p>Reuters.uk &#8211; Big fund management companies are looking at ways to move into distressed debt trading, an area dominated by hedge funds, as a new alternative asset class option for institutionalinvestors, industry figures said.<\/p>\n<p>  These big fund management firms were likely to add distressed debt trading to their product lines, mainly by company acquisitions rather than start their own operations, they said.<\/p>\n<p>  &#8220;The next best thing (to starting a business) is to buy one of these boutiques&#8230;That is something that is easy for them to do,&#8221; Amin Rajan, chief executive of financial consultancy and research  firm Create, told Reuters.<\/p>\n<p>  Rajan said the moves may follow the lead set by Anglo-American asset management company Amvescap, which recently bought W.L. Ross &amp; Co.. a firm that specialises in distressed debt and company  restructuring.<\/p>\n<p><a href=\"http:\/\/news.google.com\/news\/url?sa=T&amp;ct=us\/8-0&amp;fd=R&amp;url=http:\/\/today.reuters.co.uk\/news\/newsArticle.aspx%3Ftype%3DfundsNews%26storyID%3D2006-07-27T070819Z_01_NOA725679_RTRUKOC_0_FINANCIAL-FUNDS-DISTRESSED.xml&amp;cid=0&amp;ei=OHrIROrHCYW6pwKBuKyUAg\">ReadComplete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters.uk &#8211; Big fund management companies are looking at ways to move into distressed debt trading, an area dominated by hedge funds, as a new alternative asset class option for institutionalinvestors, industry figures said. These big fund management firms were [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4784","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=4784"}],"version-history":[{"count":0,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4784\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=4784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=4784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=4784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}