Algebris eyes opportunities in Japan, hybrid bonds
The UK hedge fund has boosted exposure to Japan to benefit from its economic stimulus plan, while keeping an eye on the development of the Asian coco bond market.
Algebris Investments, the UK-based hedge fund manager overseeing $1.3 billion in AUM, sees opportunities in Japan in the near term, and in Asia issuance of contingent convertible bonds in the longer run.
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