Axa IM fund drops in July as it seeks call on non-paying 2013 CLO

By Michelle D'souza

Volta Finance, a publicly listed CLO fund managed by Axa Investment Managers, was down 1.2% in July (after its 11 cents per share dividend payment) due to US dollars depreciating against euros by 4.6% during the month, Axa said in the fund's monthly update

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TAGS: Europe CLO Axa IM Performance North America