▶

Arini CIO Expects Disruption in Credit Markets

"We will not need to see the disruption to see some of the issues," said Hamza Lemssouguer, founder and chief investment officer of Arini Capital Management, in an interview. "The market always gets ahead of it. The immediate issue that we see is the increase in cost of capital for a lot of these companies which will eventually lead to significant defaults, disruption and dislocation in credit markets." He speaks to Ruth David for Bloomberg Television in London.