Collateralised Loan Obligations
TEXT - INVESTMENT STRATEGIES – STRUCTURED FINANCE - COLLATERALISED LOAN OBLIGATIONS – What are Collateralised Loan Obligations
What are Collateralised Loan Obligations?
CLOs are securitized instruments that offer exposure to the loans market through a wide range of risk/return profiles from senior AAA rated debt to equity tranches.
Why consider CLOs?
CLO investments tend to offer a unique opportunity to move up and down the capital structure, to diversify geographically and to expand the variety of underlying assets.
Our approach to CLOs
We are one of the most significant investors in Europe in CLO tranches with a proven track record of around $22.5 billion* (as at December 2016) invested in European and US CLO tranches over the past 15+ years.