Fidelity prints first five-year CLO since March
Fidelity Investments has priced its first five-year reinvestment CLO post-covid, according to market sources. The deal, named Ballyrock CLO 14, is the largest of the manager's three 2020 CLOs as well as its second consecutive deal to be arranged by Barclays

Fidelity prices first three-year reinvestment CLO since sell-off
Fidelity Investments has issued its second post-covid CLO, and its first with a market standard three-year reinvestment period

CLO pipeline: managers prepare to end quarter with a bang
CLO issuance is showing no signs of slowing down as spreads continue to grind tighter and election day draws ever closer

Global CLO b-wic round-up: CLO lower mezz tightens while equity investors strive for duration
A large supply of CLO paper flooded the secondary market last week as $1.5 billion of US CLO bonds and €370 million of European CLOs were listed, according to CLO-i

Fidelity upsizes two-year US CLO
Fidelity Investments has priced its first US transaction of the year dubbed BallyRock CLO 2020-1

Fidelity markets first CLO in 2020
Fidelity Investments is marketing its first new issue CLO of 2020, via Citi

Fidelity and Loomis Sayles win IG and securitised credit mandates
Fidelity Institutional Asset Management and Loomis Sayles have beat out the competition to manage Employees System of Rhode Island’s investment grade corporate credit and securitised credit plans

Global CLO b-wic round-up: spreads tighten across the board as bond-flex CLOs trade well
Price levels have tightened and, more importantly, stabilised across the secondary CLO market over the last two weeks, but the Easter break led to a drop off in CLO b-wic supply

Fidelity issues first three-year CLO since June
Fidelity has brought a CLO with a three-year reinvestment period, the first new issue deal with this shorter duration to come to the US market since June

CLO b-wic line-up: Fidelity's senior notes go on sale for a second time in nine days
Triple As dominate the secondary CLO market today with $46.3 million worth of notes going up for sale.

Managers change on $4 billion worth of Fidelity funds ahead of PM's retirement
Veteran Fidelity portfolio manager Matthew Conti is expected to retire in December. In anticipation, several Fidelity credit funds worth a combined $4 billion are shaking up their management mix

Search for a new CIO is on as Fidelity International's fixed income head retires
Fidelity International’s fixed income chief investment officer Charles “Chuck” McKenzie is set to retire after four-and-a-half years with the firm

Pioneer marketing veteran moves to Fidelity after 16 years
Fidelity International has announced the appointment of Hugh Prendergast as 'global head of product', in what is understood to be a marketing role

Fidelity launches investment grade bond fund
Toronto-based Fidelity Investments Canada ULC has launched an investment grade total bond fund in a bid to provide investors with a "fixed income solution that is flexible and can target multiple sources of income"

Fidelity International names new global head of asset management
Fidelity International has confirmed the appointment of Bart Grenier to the newly created position of global head of asset management in London, a spokesperson confirms

Fidelity surpasses $1 billion in CLO AUM with first deal in two years
Ballyrock Investment Advisors, the CLO management unit of Fidelity, has priced its first new CLO for almost two years

Investors put faith in Fidelity with tight triple A print
Fidlity Investments priced its first CLO in 18 months yesterday, with the triple A notes pricing considerably tighter than many recent deals

Fidelity prepares its second 2.0 CLO
Fidelity Investments is preparing a $400 million CLO that is expected to price at the end of the month

CLO call should result in 23% IRR, Fidelity tells its investors
Fidelity Investments is recommending a July redemption for Ballyrock 2006-2, which has a running IRR of 16.1%

Head of bond portfolio management exits $1.7 trillion firm’s London office
A giant asset management firm has parted company with its head of international bond portfolio management