Key Takeaways
- • Hedge funds have been heavy sellers over the past few weeks of debt tied to the artificial intelligence buildout, according to Andrzej Skiba, head of BlueBay US fixed income at RBC Global Asset Management.
- • Skiba described the selling as a "massive hedge fund capitulation" in the space, with positions being collapsed and substantial selling moving through the market.
- • The comments were made on Bloomberg Television on November 5, 2026, and the source material does not provide specific deal sizes, price moves, or fund names.
Summary
Hedge funds have been heavy sellers over the last few weeks of debt linked to the artificial intelligence buildout, according to Andrzej Skiba, head of BlueBay US fixed income at RBC Global Asset Management. Speaking on Bloomberg Television on Thursday, November 5, 2026, Skiba said, "We have seen a massive hedge fund capitulation within the space."
According to Skiba, the selling has involved positions being unwound. "We have seen positions being collapsed, lots of selling actually going through the market," he said.
The remarks point to notable stress among leveraged and opportunistic investors in AI-related credit. The source material does not quantify the volume of sales, identify specific issuers or funds involved, or provide market pricing data, so the scale of the move beyond Skiba's characterization cannot be independently assessed from this report.
According to Skiba, the selling has involved positions being unwound. "We have seen positions being collapsed, lots of selling actually going through the market," he said.
The remarks point to notable stress among leveraged and opportunistic investors in AI-related credit. The source material does not quantify the volume of sales, identify specific issuers or funds involved, or provide market pricing data, so the scale of the move beyond Skiba's characterization cannot be independently assessed from this report.
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