US CLO Managers (Performance)

US CLO Managers: Relationship Between MV Alpha and WAP

US CLO Managers: Relationship Between MV Alpha and WAP Collateral weighted average price (WAP) is one of the performance metrics that has been used to compare managers’ performance. Managers could be given a good score if they register a decent WAP. How useful is this metric? It is undoubtedly helpful for a quick snapshot of…

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