Bloomberg Hedge Fund Summit 2012: Credit Markets Panel

  Bloomberg hedge fund summit 2012 continues with David C. Gottlieb, Senior Principal and Portfolio Manager, EMF Financial Products LLC, Greg Margolies, Senior Partner and Head of Capital Markets Group, Ares Management LLC and Bruce Richards, CEO and Founding Partner, Marathon Asset Management. The interviewer is Mary Childs. The discussion focuses on credit markets. Greg sees opportunities in Europe, because it is the only place distressed. The banks need to sell several trillion dollars in assets. Structured credit is another area of opportunity. American Airlines debt was purchased at 20 cents on the dollar. That debt now trades at 70-75 cents on the…