Global credit funds & CLO's
October 2023 | Issue 258
Published in London & New York.
Copyright Creditflux. All rights reserved. Check our Privacy Policy and our Terms of Use.
Share this report:
October 2023 | Issue 258
Analysis
CLO census
What do you think?
The Creditflux CLO Census is back for its seventh instalment. Our annual stock-take of the global CLO industry begins on Monday, 2 October — it’s your chance to make your voice heard
The CLO Census is the most definitive study of its kind, with last year’s edition racking up a record 389 responses. The survey will once again feature two strands of questions. The first will gauge market opinion on key themes. Last year, fear of loan defaults and downgrades gripped the market (see chart, below), especially among CLO investors and managers. Thankfully those fears have yet to play out, with CLO performance remaining robust. But what are managers concerned about now?
The second strand seeks to discover the best in the business across banking, warehousing, investing, valuations, analytics, trading, ratings, legal services and more.
The Census will be open for three weeks — until 20 October — so make sure your voice is heard!
What worried respondents most heading into 2023?
Data from Creditflux CLO Census 2022
CLO market themes
- If there was one thing you could change to improve the CLO market, what would it be?
- What worries you most heading into 2024?
- How concerned are you about the US loan maturity wall?
- Is the growth of captive equity funds a positive or negative development?
- When will we see electronic trading of CLOs?
- It’s time to decide. Should we call them MM CLOs or PC CLOs?
US & European CLO primary, secondary & research/strategy
- Which US CLO arranger is best at syndicating to a wide group of investors?
- Which European CLO arranger is best at syndicating to a wide group of investors?
- Which bank produces the best US CLO research/strategy notes?
- Which bank produces the best European CLO research/strategy notes?
- Is best at structuring US CLOs?
- Is best at structuring Euro CLOs?
- Provides the best US CLO warehouse service?
- Provides the best European CLO warehouse service?
- Provides the best access to US loans?
- Provides the best access to European loans?
- Is most willing to make markets in US CLO tranches?
- Is most willing to make markets in European CLO tranches?
CLO investors
Which is the best...
- US CLO equity investor?
- European CLO equity investor?
- US CLO junior debt investor (HY tranches: double B and single B)?
- European CLO junior debt investor (HY tranches: double B and single B)?
- US CLO senior debt investor (IG tranches: triple A to triple B)?
- European CLO senior debt investor (IG tranches: triple A to triple B)?
US & European law firms
Which law firm...
- Provides the best service to US CLO managers?
- Provides the best service to European CLO managers?
- Provides the best service to US CLO arrangers?
- Provides the best service to European CLO arrangers?
- Has been best at advocating on behalf of the US CLO industry?
- Has been best at advocating on behalf of the European CLO industry?
CLO service providers
Which firm...
- Provides the best CLO valuation service?
- Provides the best CLO analytics service?
- Provides the best CLO portfolio management service?
- Provides the best offshore fund administration service?
- Provides the best offshore legal services?
- Provides the best CLO accounting services?
- Provides the best secondary CLO platform?
- Provides the best CLO docs service?
- Which CLO trustee provides the clearest, most timely and accurate reporting?
- Which rating agency does the best job for European CLO investors?
Share this article:
