It may seem a bit rich for Welshcake to tell staid CLO investors they need to be more sensible
Bespokes are the next big thing — and you’d be wise to get involved

ABS investors show increased interest in green securitisations to reach EU climate targets
Securitisation is being touted as a tool to help close the yearly investment gap of €180 billion needed to achieve the EU’s climate and energy targets by 2030, as identified in the European Commission’s sustainable finance action plan, which was published last year.

Fund performance
A round-up of fund performance

Ucits at a glance
A round-up of ucits fund performance

Credit funds at a glance
A round-up of fundraising and people moves in credit

The Last Tranche: managed CSOs and the benefit of CLO Euribor floors [podcast]
Managed CSOs are the talk of the town in the synthetic structured credit market, while CLO investors in Europe are putting a price on how much they value CLO Euribor floors  

KKR adds CLO mezz and private credit to mix with opportunistic credit fund
The new interval fund will invest in opportunistic credit, including CLO mezzanine debt, as well as private debt 

Commonfund seeks to diversify manager pool with new portal
Commonfund will launch an online 'diverse manager portal' designed specifically to receive due diligence materials from women and minority-led managers investing in equities, fixed income and credit, real estate and hedge funds

BMO brings in experienced CLO official to lead structured credit business
A former Lehman Brothers official has landed at BMO, suggesting the firm is set to scale its CLO business  

If you can stomach volatility, CLO equity is very attractive

Five-year bespokes movement leads to managed CSO talks
Longer dated synthetic bespoke tranche business could soon receive new impetus, with dealers and investors ramping up talks about re-establishing managed portfolios as a common feature of the CSO market.

Ucits at a glance
A round-up of ucits fund performance

BlueMountain weighs up joining cluster of 2.0 CBO issuers
BlueMountain Capital Management has its eye on managing CBOs. This market has grown steadily since Anchorage Capital priced the first 2.0 CBO in May 2015 with another six firms issuing such securitisations.

Credit funds at a glance
A round-up of fundraising and people moves in credit

Fund performance
A round-up of fund performance

Cairn appoints CEO from Oceanwood as Campbell steps down
Cairn Capital has hired a new chief executive officer, who will take over from co-founder Paul Campbell

Spire brings in structured credit specialist from WyeTree
Spire Partners has hired a junior portfolio manager from WyeTree Asset Management with a view to expanding its structured credit investments

Head of structured credit and CLO investments leaves Barings
One of the CLO industry's biggest names has left Barings, resulting in the firm appointing two co-managers for its structured credit investment group 

Amundi Pioneer initiates marketing for structured credit interval fund
Amundi Pioneer Asset Management, a wholly owned subsidiary of Amundi, is in the market with a structured credit interval fund

Fund performance: Mercury rises as does credit fund performance

Investor requirements rather than performance is driving ESG push: Creditflux survey
Only 14% of respondents to Creditflux's global credit ESG survey said performance was the main reason they were adopting envoronmental, social and governance-themed strategies

CLO investors should be looking at CSOs

Investments in CSOs can be more fruitful than in CLOs

They said it: "I saw a CLO OM which ran 484 pages"
At Creditflux’s Credit Dimensions event, JP Morgan’s Zaheen Mir argues that CSOs are simpler to understand than CLOs