Today news
About the same in other media
CLOs wrap up record year as Libor phases out
Reading now: 171
fnlondon.comInvestors’ search for higher yields and Wall Street’s shift to a new interest-rate benchmark powered a record year in sales of collateralized loan obligations—securities made of bundles of low-rated corporate loans.
Asset managers including Ares Management Corp. and PGIM Inc. are on pace to finish the year with more than $186 billion in new CLO sales, according to Leveraged Commentary & Data. That is a record high in data going back to 2011, smashing 2018’s previous yearly record of $128.9 billion.
The...
Read more on fnlondon.comAbout this in other media
Major South Korean Securities Firms, Investors Warming to Crypto cryptonews.com /2 years ago
Upbit Crypto Exchange Traders to Face Fiat Services Disruptions over Lunar New Year Period cryptonews.com /2 years ago
South Korean presidential candidate to use NFTs to raise funds for campaign cointelegraph.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
