Filter
Marktinzichten
Fact vs Fiction: Is the CLO market too concentrated?
7 March 2025
There’s a misconception that the CLO market is heavily skewed towards a particular sector or region, concentrating risk. Portfolio Managers Denis Struc and Ian Bettney challenge this myth and demonstrate that its composition is actually advantageous.
Chart to Watch: Retaining high yields through AAA CLOs as rates fall
6 March 2025
A falling rate environment presents a challenge for income-seeking investors. Where can you go in the hunt for yield as cash rates decline?
Fact versus fiction: Are European securitisations ‘risky’ and ‘illiquid’?
25 February 2025
European securitised investments are ‘risky’ and ‘illiquid’, a stigma perpetuated by the Global Financial Crisis (GFC). Head of Secured Credit Colin Fleury unravels these myths by examining actual historical evidence – both over the short and long term.
Active ETFs: Why and why now?
19 February 2025
As UCITS ETFs continue to expand their investor base they generate ever greater economies of scale. Active ETFs combine the efficiency benefits of ETFs with innovative exposures that can’t easily be delivered via a passive vehicle.
Why invest in a floating rate AAA CLO in a falling rate environment?
11 February 2025
While we seem to be past the peak of interest rates globally, uncertainty remains. How can investors optimise portfolios through this uncertain environment? Head of Secured Credit Colin Fleury and portfolio manager Denis Struc consider how floating rate AAA collateralised loan obligations (CLOs) can offer different risk/return characteristics for diversified fixed income portfolios.
The case for European Collateralised Loan Obligations (CLOs)
27 January 2025
Allocating to European Collateralised Loan Obligations (CLOs) opens up access to diversification and high-quality defensive income. Here the European Securitised team take a deep dive into the workings of the sector and evaluate the opportunities.
Positive momentum for Japanese equities strengthens as central bank unpauses rate hikes
24 January 2025
Head of Japanese Equities Junichi Inoue summarises the main points from the Bank of Japan’s latest rate hike decision and its more optimistic economic forecasts.
Dispelling three myths around European Collateralised Loan Obligations
22 January 2025
Head of Secured Credit Colin Fleury explores how understanding the structure of CLOs, and how it contributes to their actual performance during periods of stress and over the long term, helps to refute myths around the asset class.
Active ETFs in Europe: Broadening the investor toolkit in 2025
14 January 2025
With new launches and appetite shifting, Rhys Petheram explores the growth trajectory of active ETFs in Europe and why they are likely to become a key part of the investor toolkit.
Quick view: Unusual relative value in European CLOs – an opportunity?
7 November 2024
Portfolio managers Denis Struc and Ian Bettney explore the supply and demand factors creating distortion in the pricing of European collateralised loan obligations (CLOs), setting out two relative value opportunities that have emerged.