Points up front: Dealscribe scores eyeballs
The unfamiliar advent of a winter football World Cup has forced many people to choose between seasonal festivities and watching sport

Points up front: Whatever the size, CLO performance dwarfs others
A graphic depicting the investment fund universe was doing the rounds on social media late in 2022...

"With tools and data available, why do fake sellers need to abuse the b-wic process for price discovery?"
Penalties for CLO b-wic sellers who routinely do not trade would improve the secondary CLO market

"CLOs could withstand another 13.4% of downgrades to triple C if the price drops to 50"
CLOs are well positioned, even if there are mass downgrades to triple C  

They said it: "I don’t know and I don’t care about ESG"
One of our CLO Census responders has a strong view (or not) on ESG

Points up front: Shhh, don’t tell! Secret CLO pricing is in progress
The CLO industry has come a long way in the last decade — so much so that managers can now boast of their track records and CLOs are no longer (wrongly) touted as the acronym that caused the 2008 financial crisis. But in recent weeks some CLO market participants seem to have gone back to a time when pricing a CLO was taboo

Points up front: CLO managers didn’t take advantage of volatility, say CLO managers
Creditflux’s CLO Census shows CLO managers can be hard on themselves

Past returns: US firms become Euro CLO issuers
Five years ago in Creditflux we reported on CIFC Asset Management and Voya Investment Management harbouring European CLO ambitions as US issuers became accustomed to risk retention.

They said it: "Can we have a best hair in the CLO market category?"
The CLO Census is nigh

Points up front: Form an orderly queue. Or follow the celebs
If we have learned one thing over the past month, it’s that queuing in an orderly manner is very important to the British public. No matter your status, you simply must wait your turn.

Points up front: Exhibit A: every single CLO slide deck ever
In a recent note, the National Association of Insurance Commissioners said they needed “more data to showcase that CLO pools have outperformed the loan market”

"There is ample time and flexibility on the pathway from warehouse to securitisation"
A big loan sell-off does not mean CLO warehouses will be forced to liquidate  

"The equity IRRs of enhanced CLOs are nearly all in the bottom decile of the market"

They said it: "We’ve been treated very well by our warehouse providers..."
A large CLO issuer gives its take on CLO warehouses 

"The CLO that started the wave of prints and sprints paid near 20bp more than the market average"
It is possible to hit a home run with a print and sprint CLO, but execution is difficult  

"If anything is to be salvaged from the rest of 2022, the economy needs a hero — and quickly"
Something has gotta give as a recession looms in the US. Might it be energy?

Past returns: Ramp-up failings
Five years ago in Creditflux, we reported that CLO investors were fed up with misleading model portfolios.

They said it: "We are proud to be moving our industry in a direction that will bring greater liquidity..."
Brian Carosielli, co-head of global credit trading at Bank of America, on a new CLO trading platform 

Points up front: CLO guy Boehly becomes global household name
The CLO market might be a $1 trillion industry, but we’ve been waiting years for a “CLO guy” to break into the mainstream. Step forward Todd Boehly... 

Points up front: BofA takes both sides
As dealers joined forces for the Octaura electronic trading platform, KopenTech announced a rival...

CSAM does the CLO awards double
Winning the Creditflux Manager of the Year award is a feat in itself. Winning it back-to-back in such different markets is an outstanding achievement — and CSAM can take great pride in it

Representation really matters
At our London Women in CLOs event, Creditflux’s Tanvi Gupta and Michelle D’Souza spoke about how inspiring it can be to see someone who looks like you achieve success in your industry

Past returns: Silvermine CLOs splash the cash
In Creditflux 10 years ago, we reported that three Silvermine Capital CLOs, which had built up $646.5 million of cash, had started buying loans again

"When the US market gets legislation it does not like, people sue..."
The difference between Americans and Europeans in regards to CLOs