Reuters Summit: Credit Bubble Looms As Investors Rush In

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LONDON (Reuters) - A bubble could be building up in the credit markets, fueled by investor demand for an asset class with low prices and attractive yields, the head of hedge fund Polar Capital said.

"Some people are looking at credit to the exclusion of everything else," Chief Executive Mark Kary said on Monday [March 23] at the Reuters Hedge Funds and Private Equity Summit in London. "There is a pretty scary consensus around a lot of people are chasing the same idea."

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Reuters Summit: Credit Bubble Looms As Investors Rush In

Mr. Kary said investors were attracted to credit because it looked incredibly cheap. This is because th...

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