Funds eye strategies on iTraxx, CDX roll
Hedge funds and asset managers are looking at various strategies on the iTraxx and CDX indices in an effort to profit ahead of the roll to series 21 on March 20. Michael Hünseler, who manages Assenagon’s €200m credit selection fund in Munich, told GlobalCapital that the fund was looking at selling protection on the new names that will be included in the iTraxx Crossover ahead of the roll.
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