November 2019

Signature Fixed Income Due Diligence: WeWork = NoWork

Carlton Ling's picture
As you have probably read, WeWork’s much hyped equity initial public offering (IPO) failed. For the record, we are not invested in either their shares or the previously issued high-yield bonds. Although we have no investment in WeWork, we thought we could use it as an interesting example of the Signature Global Asset Management (Signature) investment process and the need for cross-asset collaboration.