Roundtable: Sounding out the buy side
With the markets still reeling from the liquidity crisis, Credit gathered together three luminaries from the buy side to discuss the effects of the summer slowdown and, more importantly, how things will pan out over the next few months
Matthew Attwood, editor, Credit magazine: Given the problems we have seen in the credit markets over recent months, when can you see hedge funds coming back?
Jonathan Laredo, partner, Solent Capital: If by coming back you mean acting as an alternative lender to the banking system, I'd say a long time. You'd be looking at 12 months, at least.
MA: And what will have to happen before they do?
JL: Well, credit-based hedge funds will continue to trade, but I don't think they will play the role of an
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