Search results
18 results found Showing page 1 of 1
Refine Search
Article Categories
Strategy Tags
- Direct lending (1)
- High yield bonds (5)
- Investment grade credit (1)
- Structured credit (2)
- CLO (16)
- Distressed debt (5)
- Leveraged loans (9)
- Synthetic/SRT (1)
Geography Tags
-
What CLO investors really need to know
6 months ago
From the drivers of CLO performance to cashflow modelling, these are the seven things every CLO equity investor needs to know. This article is an extract from Dealscribe and CLO Research’s guide What CLO Equity Investors Need To Know -
CLO Census: It’s time to put the shop in order
7 months ago
After a lacklustre year for the CLO market, the 539 respondents to our comprehensive survey are increasingly calling for structural changes, from electronic trading to standardised documents -
Fund performance
11 months ago
Good month for CLO funds sees six in top 10 as Axiom sets pace -
Rope-a-dope brings knock-out returns
1 year ago
Post-pandemic US and European CLOs delivered mid-teen equity returns in 2022, despite a barrage of weak macroeconomic news and what could have been a heavyweight Libor mismatch -
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 -
We can cope with downgrades again
Having overcome one loan downgrade wave in 2020, the CLO market is now facing another. But this time CLOs are defensively positioned, and managers have a chance to adjust portfolios1 year ago -
Can someone call the triple A? We’ve stalled
1 year ago
CLO issuers are in need of AAA roadside assistance. Despite the emergence of new buyers, a lack of senior CLO investors — particularly US banks — has brought the primary market to a halt -
Still plenty more fish in the triple C
US CLO triple C buckets are lighter than a year ago thanks to the wave of loan upgrades from Moody’s and S&P. But 48% of downgraded paper is yet to return to a coveted single B rating2 years ago -
Coronavirus tiers up old ranking script
2 years ago
Forget everything you thought you knew about CLO manager tiers. Apollo and Blackstone are mainstays, but smaller, more nimble issuers are finding new ways to stand out from the crowd -
CLOs come up smelling of roses
3 years ago
The coronavirus crisis could have cut back 10 years of CLO market progress, but investors’ foresight, trading chops and flexibility meant many saw their strategies blossom during 2020 -
Moving fast pays off for hedge funds
3 years ago
2020 was an up and down year in credit, and credit hedge fund managers had to move quickly to capture opportunities from the dislocations that inevitably opened up -
Waiting for afters
3 years ago
Day one arb remains important, but last year there were opportunities aplenty in the secondary market, which put the onus on printing CLOs and waiting for the day after non-call periods expired -
We were battered in 2020 — but we weren’t beaten
3 years ago
The CLO industry has survived a year blighted by covid-19. We talk to portfolio managers about the strengths of CLOs and preparations for what was expected to be a ‘cataclysmic’ recession -
Trading places: it can pay to bet on the little guy
3 years ago
It’s assumed investors know how good a CLO manager is by the rate at which they trade their way through a crisis. But this time fi ve small, nimble managers are outperforming the market -
Engineering and construction: diversification leads to deepening debt
6 years ago
In trying to build a more global roster of clients, some construction companies may have dug a hole for themselves -
Investing ethically is worth it
7 years ago
Managers could see less volatile returns as a result of their increasing adoption of ESG-friendly portfolios; meanwhile direct lending is spreading across Europe -
US fashion stores: queueing up to exchange old debt
7 years ago
Fashionably loose covenants are allowing under-pressure retailers to turn expensive unsecured debt into senior notes
18 results found Showing page 1 of 1
Want all the latest news, comment, analysis and data?