What Is a Collateralized Loan Obligation (CLO)? A collateralized loan obligation (CLO) is a portfolio of predominantly senior secured loans that is securitized and actively managed. Each CLO issues a series of

In today’s fiercely competitive financial landscape, being a leader in the banking world entails more than traditional offerings. As banks endeavour to enrich their clientele’s financial journey, the potential of

CLOs generated positive total returns across the capital stack in September, the sixth straight month of positive returns, with returns primarily driven by positive carry. The technical backdrop remained supportive

The European collateralized loan obligation (CLO) market has held firm throughout this difficult economic climate. Panellists at Opal Group’s European CLO Summit 2023 remained optimistic that there could be 12 more deals before the

Krisztina Anspach of BNP Paribas looks at some of the key trends and opportunities in structured products, including a growing role for technology and automation to drive industry development. Volta

In recent years, collateralised loan obligations (CLOs) have become increasingly common in financial markets. Their mix of above-average yield and potential for income has proved attractive in the past.  They are often

It may be time to revisit high yield. While investors have gravitated toward bank loans and private credit for years, an environment of low default rates, a higher-quality universe and

Recent private credit fund manager research conducted by the Alternative Credit Council and Dechert LLP has revealed a number of significant trends driving change in private credit fund structuring. The