AI Jitters, Private Liquidity Crunch and 26% BDC Discounts: Why Two Pros Still See Opportunity
Against the backdrop of efforts by Bluerock1 to publicly list its real estate-focused interval fund, fund sponsors ...
Abrdn’s Taggart says discounts are ‘overplayed’
Mike Taggart, closed-end fund specialist at abrdn, says that the overwhelming majority of closed-end funds were created to generate income -- and built with that in mind -- but that the sector gets a lot of its attention as the result of discounts...
AICA Member Profile: XA Investments
XA Investments (XAI) is a Chicago-based investment management and consulting firm founded in early 2016 by Kimberly Flynn and the founders of XMS Capital Partners (XMS), Ted Brombach and John Spence. XAI focuses on listed closed-end funds (CEFs) and interval funds across two distinct practice areas:
ASA Gold’s Merk on how precious metals will respond in a coming recession
Axel Merk, chief investment officer for the ASA Gold and Precious Metals fund, says that gold prices are most tightly correlated to "the confidence the market has in the central bank to manage inflation over time," so gold's rally over the last six weeks...
Year-end action – not bubble worries – will drive year-end CEF discounts
Discount-capture investor Rob Shaker, Portfolio Manager at Shaker Financial Services, says that he's "not seeing anything in the closed-end fund space that would point to any type of bubble conditions." He sees generic, slow widening of discounts happening now, mostly ...
John Cole Scott on what’s next for the BDC, private credit markets
John Cole Scott, President of CEF Advisors, discusses the changing landscape of business-development companies and the details he gleaned from attending the recent Eversheds BDC Roundtable, which focused on legislative and other issues that are creating challenges ...
