KBRA Releases Research – European CLO Manager Style Comparisons: April 2023 Update
KBRA UK (KBRA) releases a report that examines the different strategies adopted by collateralised loan obligation (CLO) managers.
- KBRA UK (KBRA) releases a report that examines the different strategies adopted by collateralised loan obligation (CLO) managers.
- CLO managers are often evaluated on a tiering of their portfolio based on various metrics.
- But this evaluation method can sometimes produce counterintuitive results and does not always consider a manager’s style and objectives.
- As part of KBRA’s series examining European CLO manager styles, this report examines cross-metric comparisons that could offer insight on potential strategies employed across the market.