Are There Still Opportunities in Structured Credit Hedge Fund Strategies?

Agecroft Partners’ Don Steinbrugge assesses the persistence of structured credit hedge funds, now that the great post-crisis carry trade has run its course


Hedge fund managers focused on structured credit strategies can be simplistically divided into two categories: beta managers or alpha generators. Many investors believe the beta opportunity born out of the financial crisis has substantially run its course. As such, they find risk adjusted returns from structured credit beta managers are not