New hedge fund exploits pricing errors for returns

Muzinich & Co, an international investment firm based in London and New York, has launched a high yield corporate debt hedge fund with seed capital from Fortune Asset Management.Hedgeyield exploits inefficiencies and mispricings in the high yield corporate bond markets through selective use of leverage and a series of arbitrage strategies, aiming for annual returns of 15% per annum with low volatility in the 3%-5% rangeThe funds managers intend to generate returns through a combination of in