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Look deeper to uncover ESG performance in CLOs
1 year ago
New research from Fitch Ratings, which examines ESG Score analysis from Sustainable Fitch, examines how European CLOs are performing on ESG criteria and has confirmed that the wording in documentation really does make a difference — but only if you look below the surface. -
Are we ready for another crisis?
1 year ago
Credit managers must brace themselves for stress in 2023, as rates rise and the number of poor performing assets increases. But most CLOs look well-placed and can rely on plump OC cushions -
Weren’t there more of us than this?
1 year ago
According to this year’s Creditflux CLO Census, the CLO industry is not feeling optimistic. Some investors have vanished and managers have not taken advantage of helpful market conditions -
At least 2020 wasn’t dreadful for CLOs
3 years ago
Last year’s downturn was another in which CLOs survived and in many cases thrived as active management and Libor floors helped managers deliver 13%-plus returns to equity -
Relative value plays swell secondary
3 years ago
The secondary CLO market has been revived this year as volumes shatter 2019 totals. Investors are finding that secondary values outweighs that in primary, with the added bonus of full portfolio disclosure -
Who cares about risk retention?
7 years ago
Managers watching CLO spreads reach their tightest levels since the crisis had little time to fret about US risk retention -
Boutique CLO managers boss secondary market
7 years ago
Creditflux analysis shows that, when their total assets are taken into account, small managers' CLOs are more liquid than those of large managers -
Rebooting the CLO market
7 years ago
Switching off and on again proved a popular tactic for CLO managers last year as refis and resets helped push issuance to $132 billion -
How joint ventures juice up BDCs
7 years ago
As CLO equity investments fall out of favour with business development companies, joint-venture loan funds are growing fast -
Avon Products: Dolled up and hoping for the best
8 years ago
A massive recent investment has made Avon’s bonds look more attractive than they have for some years -
Putting low rates under a microscope
9 years ago
Cho-Hoi Hui suggests using a double square-root process with a non-linear drift term to capture recent near-zero interest rates more accurately when pricing corporate bonds -
Spotlight on asset-based lending: a tale of uncomfortable bedfellows
11 years ago
When senior lenders share security with asset-based lenders they fret about the increased risk of default and lower recoveries -
Credit spotlight - House of cards
12 years ago
Heavily indebted US home builder Hovnanian seems to be an ace away from collapsing – and yet its bonds are still trading at well above recovery value -
Active CLO traders uncovered
14 years ago
Data from CLO Master reveals just how wide the gap is between some actively trading funds and their passive competitors -
Alcentra: the boutique with a big backer
14 years ago
Once seen as a loan specialist, Alcentra now has backing from BNY Mellon and ambitions to be a major player across the global high yield market -
Managers on the breadline
14 years ago
New business has dried up, deals are in trouble and fees are being slashed. In these hard times, CLO managers face tough choices. Should they quit, expand or stick it out for the long run? Our analysis of industry fee income may help them weigh their options -
CLO trading strategies revealed
14 years ago
CLO trading strategies revealed -
Crunch time for CLO fees
15 years ago
Crunch time for CLO fees -
Opportunities to get close to a hedge fund
16 years ago
Many a CLO manager wants to be a hot-shot hedge fund manager. Credit opportunity funds offer a way to build a track record -
CDO deal captains set sail for new waters
17 years ago
CDO deal captains set sail for new waters -
2006 CDO league tables - synthetic CDO volumes explode
17 years ago
Synthetic CDO issuance doubled last year according to Creditflux Data+. The total notional of tranches traded was $450 billion – up from $224 billion in 2005. That rapid growth puts synthetic CDO volumes clearly ahead of the $414 billion of cash CDO issuance last year -
Methodology
19 years ago
Methodology
22 results found Showing page 1 of 1
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