Reuters took readers on a deep dive into how several U.S. distressed debt asset managers are in fundraising talks with investors to boost their firepower, anticipating that a recession will create more opportunities to snap up and profit off troubled companies’ debt. Some investors, though, are skeptical that enough suitable targets exist and doubt a recession will dramatically boost record-low corporate defaults.
Economy
27 July 2022, 2:33 pm. 1 minute
Article Tags
Topics of Interest: Economy
Type: Reuters Best
Sectors: Economy & Policy
Regions: North America
Countries: US
Win Types: Impact (Long Term)
Story Types: Special Report / Insight
Customer Impact: Major Global Story
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