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Credit Funds Have a Rough Second Quarter

But firms such as Canyon still see opportunities in a variety of markets.

What a difference six months have made for credit funds.After reporting its best results in about a decade in 2021, the Gapstow Alternative Credit Index (GACI) posted a 3.3 percent loss in the second quarter. This was the index’s third-worst quarter since 2009. As a result, the composite alternative credit

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