Latest news with #collateralizedLoanObligations
Bloomberg
3 hours ago
- Business
- Bloomberg
Institutional More Appropriate for CLO ETF: Kerschner
Reckoner Capital Management is testing investors' hunger for a new category of risky bets with an exchange-traded fund that uses leverage to juice returns on collateralized loan obligations. Janus Henderson Global Head of Securitized Products John Kerschner has more on the story. (Source: Bloomberg)
Bloomberg
02-07-2025
- Business
- Bloomberg
Wells Fargo to Ramp Up Buying CLOs After Three-Year Retreat
Wells Fargo & Co. is ramping up buying top-rated collateralized loan obligations, after largely staying away from the $1.3 trillion market following interest rate hikes in 2022, according to people with knowledge of the matter. Wells Fargo has broadly been in talks with managers to buy AAA rated CLO bonds, said the people, who asked not to be identified discussing private information. In the past few months, the bank has already bought into a handful of CLO transactions, which buy and pool buyout debt, some of the people said.
