CLO double-As are cheap relative to underlying assets, says JP Morgan
Relative value can be found in CLO double-As, according to JP Morgan analysts. In its weekly reseach report the bank compares the yield obtained from a set of first-lien loans to those on CLO tranches
CLOs
- Middle market portfolios aren't immune to rate stress, according to new research 1 day ago
- Sona prices CLO number two 1 day ago
- Another 2016 vintage CLO gets reset as Octagon stays busy 1 day ago
- Neuberger Berman resets 2016 vintage for second time 1 day ago
- Beach Point brings in tight price for third US CLO 1 day ago