Suddenly, bank loan funds drawing plenty of interest
Bank-loan funds attracted a record $5.2B in January, as investors sought protection from a rise in interest rates
Scott Page, who manages the top- performing bank-loan fund over the past five years, said the debt is still attractive after a two-year rally. Investors pouring record amounts into funds like his should just temper their expectations.
“This is a dull, 4 to 6 percent a year asset class and it
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