Source: Reuters (via feed)
Wall Street investment bank Goldman Sachs is offering a financial product to hedge funds. The product enables hedge funds to take short or long positions on corporate loans, a source familiar with the matter said.
The product is aimed at corporate loan markets. It allows hedge funds to choose between short or long positions on these loans.
The source did not provide further details about the product or its terms.
BizTrendWire Insight:
Goldman Sachs is marketing a product that permits hedge funds to take positions on corporate loans.
Goldman Sachs is marketing a product that permits hedge funds to take positions on corporate loans.
