Scott Goodwin, co-founder of credit asset management firm Diameter Capital, said he sees value in investing in bonds and stocks of failed Signature Bank. Goodwin said at the Sohn Conference, in New York, that recent joint-ventures sealed by the Federal Deposit Insurance Corp-run Signature with real estate investors such as Blackstone are likely to allow the bank's securities to generate returns within five years.
Diameter Capital s Goodwin Sees Value in Failed Signature Bank s Bonds, Stock usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Elliott Investment Management's managing partner Jesse Cohn said on Wednesday he believes e-commerce platform Etsy will generate "significant, multi-year upside." Elliott, one of the world's most prominent investors, has a 13% economic stake in Etsy, including both common shares and swaps, a person familiar with the matter told Reuters in February. At the Sohn Conference in New York on Wednesday, Cohn said Elliott's stake was over 10%.
Recent appreciations of the dollar and gold are anomalies and the greenback should not be so strong due to the U.S. deficit, Co-Chief Investment Officer at Bridgewater Associates Karen.
Scott Goodwin, co-founder of credit asset management firm Diameter Capital, said he sees value in investing in bonds and stocks of failed Signature Bank..