- Direct lending (68)
- Emerging markets (25)
- High yield bonds (107)
- Investment grade credit (29)
- Structured credit (46)
- CLO (179)
- Distressed debt (39)
- Credit derivatives (31)
- Leveraged loans (103)
- Marketplace lending (5)
- Real assets (18)
Ucits at a glance11 days ago
A round-up of ucits fund performance
Loan shocks give 2018 warehouses yet another scare11 days ago
The recent sell-off in loans could be an unwelcome development for long-dated CLO warehouses, which may have thought they were over the worst after a testing Q1.
For enhanced CLOs to outperform, investors need the credit cycle to turn — and quickly11 days ago
If the current credit cycle doesn’t end within two years, triple C-heavy CLOs will not see a return on their high financing costs
If national income were a four-cylinder engine, the US economy is really only firing on one11 days ago
The US economy’s reliance on consumers increases the likelihood of further rate cuts and diminishing returns for credit investors
A round-up of CLO performance11 days ago
Credit funds at a glance11 days ago
A round-up of fundraising and people moves in credit
Fund performance11 days ago
A round-up of fund performance
One day, two investors, three CLO controlling stakes in secondary13 days ago
Two investors are inviting bids for anchor positions they hold in three CLOs.
Carlyle CLO warehouse investment results in 26.7% return for South Korean firm14 days ago
A CLO warehouse investment in a transaction managed by Carlyle Group has generated a $1.3 million return for Seoul-based Tiger Alternative Investors, according to a report in The Korea Economic Daily
Green bonds and international credit deliver double-digit returns for Swedish pension18 days ago
Second Swedish National Pension Fund (AP2) reached SEK 367.4 billion in the first half of 2019, with investments in fixed income generating double-digit returns, according to its half year report
Janus Henderson increases position in CLO Ucits fund19 days ago
The London-based manager says that, while it has cut exposure to CLO funds, this one has has a more conservative nature
Solar BDC shines a light on its bid to focus on first lien loans1 month ago
Solar Capital is taking a prudent approach to loan investments with the firm reducing its exposure to second liens, according to the business development company's earnings call
CLO managers suffer puncture with $85 million of Jack Cooper debt1 month ago
CLO managers hold $85.8 million of exposure to auto hauler Jack Cooper Ventures, which filed for Chapter 11 bankruptcy, according to the latest trustee reports from CLO-i
Och-Ziff revenue tumbles despite inflows to credit funds and CLOs1 month ago
Och-Ziff Capital Management posted a net loss of $8.6 million in the second quarter, which it blamed on the market’s reaction to US China trade tensions and the US Federal Reserve’s twist of monetary policy
Enhanced CLOs are no more enhancing than run-of-the-mill distressed funds1 month ago
Triple C-heavy CLOs that try to time the market may be paying for options they never use
US CLOs thrive as managers embrace secondary loan market1 month ago
Leveraged loan issuance is supposed to feed and keep CLOs healthy, but a 62% slowdown in US loan volumes this year was accompanied by average CLO equity distributions ticking 19% higher.
Ellington finds Ucits success with mix of structured and synthetic1 month ago
Fund managers are finding ample liquidity in the structured and synthetic credit market and this is helping them outperform in the Ucits fund universe.
Sound Point swaps evergreen fund for drawdown1 month ago
Sound Point Capital Management is dropping its evergreen distressed debt fund in favour of a vehicle that will employ a drawdown structure, as is customary for distressed strategies.
Considering the variables over the life of a CLO, a drop in Libor is a relatively modest risk1 month ago
Changes in Libor do not have a major impact on CLO equity cash flows or equity yields
- A round-up of fund performance1 month ago
- A round-up of ucits fund performance1 month ago
- A round-up of fundraising and people moves in credit1 month ago
CLOs at a glance1 month ago
A round-up of CLO performance
Philadelphia Energy bankruptcy tars nine CLO managers with $241 million exposure1 month ago
The Philadelphia-headquartered company has entered into bankruptcy protection for a second time, having only emerged from its first filing in August
Credit plays a big part as KKR increases AUM by $6.5 billion1 month ago
KKR grew its assets under management by 8% over the second quarter, according to the firm’s earnings call, which took place on Thursday.
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