First Eagle Monthly Video Series
In this month’s video we discuss today’s somewhat frothy alternative credit market, and the influence current conditions have on our investment process.
Though new to First Eagle, the Small Cap Opportunity Fund team is well established within the industry, having previously worked together on a small cap equity strategy at another firm.
The rebound in business confidence during the second quarter was striking, though much of the anticipated improvement in economic activity may already be priced into markets.
While the increasing participation of mainstream financial players in the crypto space has helped fuel its expanded acceptance, national authorities generally have been less responsive.