4/16 EU CLO Managers: Investment Performance and Collateral Liquidity – Freemium

EU CLO Managers: Investment Performance and Collateral Liquidity A sample of 166 deals issued from 2016 to 2019 is included in this study. The benchmark loan index used is S&P Euro Leveraged Loan Index. The graph below shows the average investment alpha (at least 2 deals) of 41 managers and LPC weighted average depth (as…