Vedanta’s 132% Bond Return From Abyss Has Funds Expecting More

  • Lombard Odier boosted holdings, while BEA and AGF held tight
  • ‘Recovery in commodities has been a big tailwind,’ AGF says

Vedanta Resources Plc rewarded its bravest bond holders with a 132 percent return for sticking with the group after its financial distress in 2015. As commodity prices rebound, some investors say the rally isn’t over.

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