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With equity returns under strain, managers would do well to slow the pace of CLO issuance
Issuance has kept going by giving investors just what they want
John Healey resigned because the money was not there for defence. It may not be there for anything
Bifurcation is emerging in how investors treat the hyperscalers
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Sponsors are on the prowl again, but there is little to eat.
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Delivering the firm is not enough. It’s ideas that count.
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Generals are always fighting the last war — cavalry charges in WWI, trench digging in WW2 — and regulators are no different.
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The euro is once again being woefully served by those who should have its interests at heart.
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Delivering the firm is not enough. It’s ideas that count.