- Direct lending (203)
- Emerging markets (34)
- High yield bonds (157)
- Investment grade credit (61)
- Structured credit (190)
- Distressed debt (83)
- Credit derivatives (108)
- Leveraged loans (287)
- Marketplace lending (16)
- Real assets (46)
Former structured credit co-head Messina lands on buy side1 day ago
Megan Messina, former co-head of structured credit at Bank of America, has resurfaced at an asset manager three years after leaving the bank
Falling correlation reignites passion for index tranche trades3 days ago
Dispersion in the global corporate credit market is rekindling interest in correlation trading, with dealer sources reporting that a late surge lifted 2019 index tranche volumes to $250 billion.
Pitching your structured credit fund: the three golden rules3 days ago
Structured credit fund managers were given a lesson in how to market their strategies by a group of asset allocators at the Creditflux CLO Summit in New York.
Farewell Mike3 days ago
After two decades, Mike Peterson, the founder and long-time editor of Creditflux, is moving on.
Points up front: There are lies, damn lies and awards pitches3 days ago
We’re hearing empty boasts, trash talking of their rivals and no shortage of promises that will absolutely be delivered.
Points up front: ‘We’re slow and not smart’3 days ago
Politicians on the campaign trail would do well to take a leaf out of Brian Starr’s book.
Volatility wave brings index-linked CLO funds into play3 days ago
Defensive positioning from loan managers has led to bifurcation in that market, but CLO fund managers are taking an attack-minded approach with ‘index-linked funds’.
Heavyweight investors poised to step up US CLO allocations3 days ago
CLO issuance in 2020 could be boosted by the return of two of the asset class’s largest historic investors, sources say.
Anchorage markets CLO with MVOC test3 days ago
Market value overcollateralisation (MVOC) tests are gaining prominence, with Anchorage Capital Group looking to incorporate one in its forthcoming high triple C CLO, according to marketing materials seen by Creditflux.
CLOs wrestle back control of the European loan market3 days ago
The share of European loans bought by CLOs is now larger than those acquired by loan managed accounts and hedge funds, according to a research paper by Barclays.
Managers amend CLO structures amid refinancing ripple3 days ago
CLO managers have deployed various measures to keep their deals ticking amid a European refinancing wave.
- Junior CLO tranches have lost around five points in the past quarter. In response, new issue desks are dressing up junior debt in two piece suits and designing a range of protective styles3 days ago
Deluxe decline leaves CLOs feeling deflated3 days ago
Deluxe looked decent: trading in the 90s for much of this year, with 60% of its term loan sitting in CLO portfolios. But its rapid descent underlines the dangers posed by idiosyncratic events.
- Creditflux’s second Women In CLOs event took place in New York in November, with a wine tasting forming the perfect backdrop to an evening of networking3 days ago
Attack is the best form of defence3 days ago
Yes, idiosyncratic risks are creeping into corporate credit. But speakers at Creditflux’s CLO Summit were convinced that the most creative firms will be able to thrive without taking on additional risk
Fund performance: Long-short funds rule in October as CLO funds struggle3 days ago
A round-up of fund performance
- A round-up of ucits fund performance3 days ago
- A round-up of CLO performance3 days ago
- The definition of a tier one manager has evolved from the days when big brands where considered best3 days ago
Gretchen Bergstresser of CVC takes our credit quiz3 days ago
New GSO US CLO scores tightest funding costs since early October3 days ago
GSO Capital Partners has returned to the CLO primary market and produced the tightest new issue for over two months
Big firms better prepped for Libor change and less operationally exposed, survey finds4 days ago
The largest financial organisations are further ahead with their Libor transition efforts, and are likelier to move into 2020 with 'greater confidence' than small and mid-size firms, according to a market survey
Goldman Sachs AM explores interval structure for credit fund4 days ago
Goldman Sachs Asset Management has begun marketing for an interval fund primarily focused on credit investments
Neuberger Berman splits new CLO tranche into principal and interest5 days ago
Neuberger Berman has split its latest CLO's double A notes into principal and interest-only bonds, according to market sources, in a structure that echoes the ‘mascot’ features that rose to prominence in the CLO market this year
Carlyle matches 2018 US new issue CLO volume with fourth deal of 20195 days ago
Carlyle Group completed its fourth US new issue CLO offering of the year on Friday, according to market sources
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