Chief Investment Officer Eric W. Bennett talks with Family Wealth Report about Distressed Credit
Distressed assets and default situations are a hot topic in today’s current climate. Family Wealth Report writer Charles Paikert invited Chief Investment Officer Eric W. Bennett to share his insight on the topic and investment opportunities he foresees in the future.
Bennett explains what he believes wealth managers should be discussing with their clients about the risks and rewards of investing in distressed credit. “Investors need to look for fund managers who are experienced and not just trying to take advantage of the pandemic,” Bennett said. “Distressed funds are totally different than other forms of investments.” Patience is also critical, he added.
Read the full Family Wealth Report article by Charles Paikert: Distressed Credit Can Shine, But Beware Risks