This landmark survey provides unique expectations and forecasts from the top hedge funds, proprietary trading desks and other asset managers active in the distressed space.
While most traditional investors look for companies on a growth track, distressed specialists focus on the darker side of the economy. They track industries and corporations that are poised for collapse or those that have already fallen and are undervalued as a result.
Debtwire interviewed 106 of the largest players in the distressed debt market to get their perspectives on what 2007 will bring. This outlook provides a contrarian point of view to the invariably sunny forecasts trumpeted by economists and asset managers alike at the beginning of each year.