Aug

Mall Bear Doubles Down on Bet, Even as Shopping Centers Show Some Life

Eric Yip has been buying a credit default swap index that tracks the values of mortgages backed by commercial property

A hedge-fund manager known for wagering on the demise of the weakest American malls is raising the stakes, betting some of the hardest-hit shopping centers are in a death spiral.

This more aggressive stance is an example of how some bearish investors are becoming bolder in these risky bets against shopping malls, defying a recent pick up among certain brick-and-mortar retailers and shares of mall owners…

Categories : Hedge Funds

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Mall Bear Doubles Down on Bet, Even as Shopping Centers Show Some Life

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