If anyone has not noticed by now, we are big fans of valuation metrics. Their ability to forecast even 10 years out is questionable, but we think they are insightful, or at the least extremely interesting. We found one today from Goldman Sachs which basically gives the PE ratio of every single large exchange across the globe. The report came out today, so the data is very fresh. Additionally, we also have more specific valuation data for US sectors, and PB value for a few major markets.
Canyon Distressed Opportunity Fund likes the backdrop for credit
The Canyon Distressed Opportunity Fund III held its final closing on Jan. 1 with total commitments of $1.46 billion, calling half of its capital commitments so far. Canyon has about $26 billion in assets under management now. Q4 2020 hedge fund letters, conferences and more Positive backdrop for credit funds In their fourth-quarter letter to Read More
