CLOs show coronavirus resistance even as bonds and loans suffer

By Michelle Dsouza

Tuesday, March 03, 2020

CLO managers are - so far - looking defensively positioned in relation to the coronavirus outbreak, with only two of the five largest portfolio sectors listed as very negative in latest Wells Fargo research. But investor fears have all but closed the loan and bond primary pipeline, while lower rates signalled by the US Federal Reserve could spell a fall in leveraged loan and CLO demand

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TAGS: CLO Alcentra Performance North America

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