Buyers should beware dealers’ CLO models, conference hears

By Mike Peterson

Some CLO desks are misleading buyers by using different modeling assumptions when they sell bonds in the primary market to those they using in secondary trading

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Comment by: Anonymous. Posted 9 years ago [2014-05-30 00:38:31]

I agree with Majewski. I'd add that all CLO investors should absolutely have and use their own models. Do not rely on the banker.