Structured credit fund loses 32.4% in March as junior US CLO debt slumps

By Sayed Kadiri

Volta Finance’s net asset value dropped 32.4% in March, according to a monthly report released yesterday. US CLO debt was the weakest performer for the structured credit fund, managed by Axa Investment Managers, losing 41.3%.

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TAGS: Europe Structured credit CLO Pricing Axa IM Performance North America