CLO market calls for fairer media coverage

The CLO market has recently stalled due to a slowdown of investment from Japanese firms. Market participants say that this has been largely driven by negative media attention surrounding CLOs, and feel frustration that the asset class is still strongly associated with CDOs and the US subprime crisis.

  • By Tom Brown
  • 13 Jun 2019
“It was purely just headlines that caused the slowdown in Japan,” said Steve Baker, primary CLOs at JP Morgan on Thursday while speaking at a panel at Global ABS. “A few weeks ago they were even talking about CLOs on TV in Japan, and when it gets ...

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