Sona Asset Management is looking to expand its business in asset-based finance and significant risk transfers as public and private debt markets converge. “The thing that excites us the most is the scope for growth in ABF markets here in Europe,” Henrik Johnsson, the London-based hedge fund’s chief executive officer, tells Bloomberg News’ James Crombie and Bloomberg Intelligence’s Aidan Cheslin in the latest Credit Edge podcast. “We really like SRTs, although spreads have obviously come in a lot over the last couple of years,” Johnsson adds. They also discuss how to short corporate debt, software-loan distress, secondary sales of private credit assets and investing in the AI boom.

<p>Sona Asset Management is looking to expand its business in asset-based finance and significant risk transfers as public and private debt markets converge. &ldquo;The thing that excites us the most is the scope for growth in ABF markets here in Europe,&rdquo; Henrik Johnsson, the London-based hedge fund&rsquo;s chief executive officer, tells Bloomberg News&rsquo; James Crombie and Bloomberg Intelligence&rsquo;s Aidan Cheslin in the latest Credit Edge podcast. &ldquo;We really like SRTs, although spreads have obviously come in a lot over the last couple of years,&rdquo; Johnsson adds. They also discuss how to short corporate debt, software-loan distress, secondary sales of private credit assets and investing in the AI boom.</p>

The Credit Edge reviews the top credit news of the week and looks at the week ahead, with in-depth research of the most important corporate sectors, trends and themes. Analysis of specific corporate bonds and credit default swaps is backed by Bloomberg Intelligence's robust data sets and indexes.

<p>The Credit Edge reviews the top credit news of the week and looks at the week ahead, with in-depth research of the most important corporate sectors, trends and themes. Analysis of specific corporate bonds and credit default swaps is backed by Bloomberg Intelligence's robust data sets and indexes.</p>

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Sona’s CEO Sees ‘Exciting’ Growth in Asset-Based Finance, SRTs

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ef21fa03-6dd0-4a7d-88bc-b482010814af/transcript