Global CLO league tables - Aug 2021 YTD
Global CLO league tables - Aug 2021 YTD

CLOs face uncertainty as Libor rate deadline looms
CLO equity valuations could be increasingly under the spotlight in coming months, as sources warn of disruption while the market grapples with basis risk between Libor and Sofr in loans and CLO notes

Déjà vu as CLO strategies again top hedge fund tables
Seven out of the top 10 funds in our hedge fund tables belong to the CLO category as the asset class outperformed again in July

An alternative way of looking at CLO overlap
Analysing CLO collateral to look for overlap is critical for any CLO investor, but it is normally done either within a portfolio of CLOs or by bilaterally comparing two managers. In one of its latest research pieces, Moody’s Analytics has taken a different approach

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 hedge funds (September 2021)
Credit hedge fund returns

Ucits at a glance: Loomis Sayles makes gains in sleepy July
Ucits fund returns

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

CLOs at a glance (September 2021)
A listing of CLOs that have priced in the last month

Barclays' CLO and loan strategist set to join large asset manager
A highly respected CLO strategist is taking on his first CLO buy side role

CBAM promotes eight to investment committee on fifth anniversary
CBAM Partners has promoted eight people to its investment committee as it marks the five year anniversary of its founding

Tikehau preps expansion to join ever-growing list of US CLO managers
Tikehau Capital is expanding its CLO management business with the firm preparing a debut US CLO

Credit Fundraising: Blue Owl and WhiteHorse gain from improving animal spirits
Fundraising perked up in July as managers raised $14.9 billion for credit funds - the third highest monthly amount this year

CLO upgrades in sight as Fitch proposes changes to ratings methodology
Fitch Ratings is inviting market participants to comment on proposed updates to its CLO ratings criteria that could affect 4% of US CLO and 30% of European CLO ratings

"In some ways, CLOs resemble a quirky, cottage industry more than a trillion-dollar market"
CLO volumes outstanding have passed $1 trillion, but index omission and private placements are holding us back

Global CLO league tables - Jul 2021 YTD
Global CLO league tables - Jul 2021 YTD

CLO funds defy soft market to deliver yet again
Corporate credit rallied in the second quarter, while CLO spreads dripped wider — but that hasn’t stopped CLO funds outperforming yet again

Liquidations emerge as speed bump to $1 trillion CLO market
CLOs are now a $1 trillion global industry, but liquidations are picking up and could hamper growth — as well as providing welcome relief to an engine that’s running somewhat hot. CLOs are now a $1 trillion global industry, but liquidations are picking up and could hamper growth — as well as providing welcome relief to an engine that’s running somewhat hot.

Past returns: Doing DIY CLOs
Five years ago we reported that CLO managers were considering self-arranged CLOs

Fund performance: long-short funds challenge CLO strategies
CLO funds are maintaining their stranglehold on our top 10, but long-short credit funds are giving them a run for their money

Credit hedge funds (August 2021)
Credit hedge fund returns

Ucits at a glance: mid market fund leaps into top four
The majority of Ucits funds end Q2 on a high note as 76% of those in our database recorded positive performance in June

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

CLOs at a glance (August 2021)
A listing of CLOs that have priced in the last month