Irwin Speizer
The message from CLO investors is ‘come on in, the water’s lovely’ and, for the time being, this may hold true. But concerns about downgrades and lower-rated paper are growing. Irwin Speizer explores the threats
Foreseeing a global slowdown, investors are targeting distressed debt in the US. But until the downturn happens, deals can be harder to find, reports Irwin Speizer,
As investor appetite for securitisation grows, commercial real estate CLOs – rarely seen since the Crisis – are back in fashion. Irwin Speizer explores the implications
As investor appetite for securitisation grows, commercial real estate CLOs – rarely seen since the Crisis – are in fashion again.
At first glance, the US government’s tax bill is business friendly. But for the private debt industry it is a double-edged blade
Energy price falls, stiff regulation and compressed yields. The CLO market has taken on all these threats and seen them off – for now at least.
The plight of the Dallas Police and Fire Pension System raises questions over pension fund governance and the potential risk of association for asset managers and advisors.
The plight of the Dallas Police and Fire Pension System raises questions over pension fund governance and the risk for asset managers and advisors.
RMBS, especially non-agency loans, were at the heart of the financial crisis. But investors remain interested in the strategy as a new regulatory approach appears on the horizon, writes Irwin Speizer
Complexity and volatility mean institutional investors tread carefully when it comes to business development companies. But improving performance and favourable legislation may force them to think again.