Home CLO & structured credit

CLO & structured credit

The fund manager is seeking to hold large loans and then wait for the syndication market to recover before selling them.
An unusual occurrence in the $800bn market for collateralised loan obligations is stirring concerns about the health of the broader credit markets.
The vehicle will focus on European credit opportunities with strong ESG criteria.
The firm, known for its private equity investments, is now entering into speciality finance through its newly built structured credit team.
Fundamentals in the collateralised loan obligation market have been declining in the US and Europe, despite Fed attempts to help out.
Collateralised loan obligation losses could hit $100bn in the next two years, one firm predicts.
A number of stress scenarios could see significant downgrades of some tranches.
Private securitisations could be a new way for investors to access SME finance assets and bolster the real economy, according to Zenzic Partners' Robert Ainscow and Viktor Petkov
The bonds’ performance is linked to the number of confirmed cases and deaths from the coronavirus outbreak.
Open-ended funds could face liquidity issues while US insurers may be vulnerable to lower-rated tranches, according to findings from Fitch Ratings.

Copyright PEI Media

Not for publication, email or dissemination