The future of CLOs should be rational, not regulatory
There are plenty of reasons why collateralised loan obligations should exist. But the reasons why they existed in the past, and the reasons why they might exist in the future, are the wrong ones — functions of misdirected regulation, not underlying flows of capital.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts