Structured Credit Maven Laila Kollmorgen on CLO’s Rally and Opportunity To Differentiate As Fundamentals Soften and Prices Climb | VanEck Fireside Chat #6 – Forward Guidance

Structured Credit Maven Laila Kollmorgen on CLO’s Rally and Opportunity To Differentiate As Fundamentals Soften and Prices Climb | VanEck Fireside Chat #6 – Forward Guidance — Transcript

Market views

Bullish

CLO— CLOs are recommended as a strong investment due to their consistent performance, ability to increase portfolio yield, reduce duration, and improve Sharpe ratios. They have outperformed other fixed income assets, particularly in rising rate environments due to their floating rate nature.
EXPCLOMGR— Investing in CLOs managed by experienced managers with strong track records through various market cycles is crucial for success in this asset class.

Bearish

OVERVALCLO— Selling overvalued CLOs is recommended when market prices exceed fundamental value, following the principle of capitalizing on market inefficiencies.
ILLIQCLO— CLOs with a high proportion of illiquid assets in their portfolios should be avoided or potentially shorted due to the associated risks.

Not investment advice.

Mentioned

Market views