Since the GFC, the loan market has changed in several ways with the growth of collateralised loan obligations and second lien loans. How did these CLOs perform remarkably while many investors were rating-constrained during the crisis, resulting in forced assets sales or risk high capital charges?
View John’s presentation slides here
Speaker:
John Bell, portfolio manager, Loomis Sayles fixed income group
Moderator: Laurence Parker-Brown, content producer, Conexus Financial