Credit funds at a glance (December 2023)
A round up of fundraising and people moves in credit

Angel Oak launches inaugural structured credit ETF
Angel Oak Capital Advisors has launched its first exchange traded fund, Angel Oak UltraShort Income Fund ETF

Fund performance: Wasserstein's early 2021 performance drives it to the top
The final top 10 of 2021 featured a variety of funds as five different strategies were ranked among the best. US high yield was the most highly represented with two BlackRock funds and an Angel Oak in the top 10

GoldenTree and Oaktree root out older CLOs for refi
GoldenTree Loan Management and Oaktree Capital Management each refinanced a CLO on Thursday with the two deals amounting to $1.14 billion of issuance

Fund performance: CLOs dominate again as CIFC and Hildene score hat-tricks
CLO funds once again take over the top 10 as seven of those listed with Creditflux invest predominantly in the asset class. So far in 2021, CLO funds have held a majority of the spots in the top 10 on four occasions

Credit fundraising: Audax scores big in lighter month
Fundraising markedly dropped in May, but credit funds still amassed $12.8 billion and 10 credit funds reached final closes across a variety of different strategies

Credit funds at a glance (June 2021)
A round up of fundraising and people moves in credit

Lagging CLO triple Bs draw investors
Senior US CLO spreads have retreated to their pre-pandemic levels, but triple and double B spreads have lagged - and those wider spreads are attracting new investors into the asset class

CLOs finally get green cards as ESG makes its way to US market
The rapid rise of environmental, social and governance (ESG) guidelines in financial markets has made its way across to the US CLO market, with several managers and investors last month announcing strategies geared towards ESG compliance.

Angel Oak's new fund to invest in CLOs and structured credit
Atlanta-based Angel Oak Capital Advisors has launched a new mutual fund, the Angel Oak UltraShort Income Fund, which will invest  in residential and commercial mortgage-backed securities, asset-backed securities, CLOs, US treasuries and agency debentures, and corporate credit

Angel Oak joins growth in credit interval funds
Angel Oak is set to become the latest credit manager to target retail investors following in the footsteps of Alcentra, GoldenTree, GSO and Octagon