Anchorage Capital, a primarily debt-oriented hedge fund with a certain degree of distressed equity investing, likes to add to exposure after a drawdown. And they see trouble ahead for US equities with the potential for spillover into not only corporate debt markets, but interest rates across the board could rise. In a July 30th 2016 second quarter investor letter reviewed by ValueWalk, the more than $15 billion fund manager said they are positioning the portfolio for market volatility and an opportunity to invest on a drawdown. Anchorage Capital fund managers Kevin Ulrich and Daniel Allen are “looking forward” to “a market that...