Hedge funds to invest more in troubled cos-survey

Date: Tuesday, February 23, 2010
Author: Reuters

Hedge funds will increase their investments in distressed debt and equity this year and expect to make more money doing it, the Reuters HedgeWorld & Dykema 2010 Insolvency Outlook Survey found.

The most attractive areas for distressed investing in the next 12 months will be banking, energy and healthcare, according to the survey by the daily news service HedgeWorld and the law firm Dykema.