published Nov 23, 2018, 12:33:15 PM, by John Gittelsohn (Bloomberg) — Investors are turning conventional wisdom on its head. During stock market routs, they’re often expected to move into bonds for comfort. That hasn’t happened. As stock volatility rose in October, investors pulled a net $14.2 billion from taxable bond
published Nov 16, 2018, 10:24:14 AM, by Miles Weiss (Bloomberg) — PG&E Corp., the California utility beset by potential costs tied to state wildfires, attracted investments from some of the nation’s best-known hedge funds just before its share price swooned. Baupost Group, the Boston-based hedge fund run by Seth Klarman,