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Market Impact: 0.25

Rapid Junk Rout Amplifies Arini’s Losses and Erases Sona’s Gains

Source: Bloomberg

Credit & Bond MarketsCompany Fundamentals

Arini Capital Management’s and Sona Asset Management’s main hedge funds were hit by losses in recent weeks as sharp declines in parts of the junk-debt market weighed on their holdings. The article gives no loss figures or broader market impact.

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