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Marathon Asset Management Assembling 'Shopping List' Of Bonds Hit By Brexit
Tuesday, June 28, 2016 - 11:44am | 249Marathon Asset Management is an opportunistic hedge fund that focuses on credit and fixed income. The firm's CEO, Bruce Richards, commented on Monday that he believes U.K.-based investments will outperform their peers in the rest of Europe. On Tuesday, Bloomberg reported that the fund is looking to...
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Marathon's Richards Outlines What To Buy If Grexit Occurs
Wednesday, July 1, 2015 - 9:10am | 414While most investors are panicking because of the consequences of the Greece debt crisis, Bruce Richards, CEO of Marathon Asset Management, thinks this can turn out be an opportunity to buy U.S. and European equities at distressed levels. Richards was on Wall Street Week's "Web Extras...
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Marathon Predicts Greece's 'Yes' Vote, Tsipras Out Next Month
Tuesday, June 30, 2015 - 2:25pm | 462With every passing minute, the Greece debt crisis seems to take a new turn. According to latest reports, the Greek government is seeking a last-minute deal from the eurozone. However, according to Bruce Richards, CEO of Marathon Asset Management, regardless of what happens, Greek Prime Minister...
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Greece Aside, This Hedge Funder Thinks Europe Is The Best Place To Invest
Monday, June 29, 2015 - 1:51pm | 367With no deal in sight and a default becoming imminent, Greece is causing investors to panic, especially investors with high exposure to Europe. However, rather than worrying that the Greek crisis will cause mayhem in other European markets, Marathon Asset Management founder Bruce Richards, feels...
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Who Still Believes Greece Won't Default And Will 'Work Out A Deal?'
Thursday, June 25, 2015 - 12:01pm | 373Financial market participants the world over have long been fearing the consequences that could arise from a Greek default. With the debt to GDP ratio of the country currently hovering at 180 percent, the fears are not unwarranted. According to Bruce Richards, co-managing partner and CEO of...