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CLO managers look to move away from ‘spiky’ triple Cs
2 months ago
CLO managers are in the process of de-risking their portfolios by rotating out of triple Cs into less risky credits following a volatile month in markets, according to multiple sources. Creditflux analysis shows that, for the past couple of years, managers have become emboldened with triple C and B3/B- loans making up 25% of the portfolios of 50 US CLO managers.Ohio pension fund drops Penn after rewriting its allocation to high yield
2 years ago
The Ohio Police and Fire Pension Fund (OP&F) decided last month to drop Penn as part of its decision to downsize the high yield asset class, according to a fund announcementPenn launches mutual fund platform with two credit strategies
3 years ago
Philladelphia-based asset manager launches trio of mutual funds on new platform
3 results found Showing page 1 of 1
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