CLO performance, ABS outlooks... and chicken wings
◆ CLO investors feeling good ◆ Securitization unfazed by recession ◆ The chicken wing index
Host Tom Lemmon retuned for this week's episode of Another Fine Mezz, while reporters Victoria Thiele and George Smith were well recovered from their midweek escapades with some unnamed contacts.
It seems European CLO investors are feeling pretty happy with themselves after a successful year where the asset class outperformed a number of competitors.
It's outlook season and so George was in London to hear a range of forecasts before giving his own, which argued that 2024 should be strong for European securitization, regardless of recession risks.
Finally, Tom explains why the chicken wing index is serious sauce.