Structured Credit (CLOs)
- AUM $14.8 billion
(March 31, 2019)
- Vehicles Available
- Separate Account
- Commingled Funds
Our structured credit investment philosophy focuses on a detailed understanding of a CLO’s underlying collateral pool and structure, as well as an emphasis on the collateral manager’s impact on performance through the investment process.
Our Value Add
As an active investor in CLOs and CDOs since the early 1990s, we have developed one of the deepest and most experienced teams in the market.
- Broad Market Perspective: Actively investing in all parts of the CLO capital structure.
- Manager of Choice: Manages more than $14 billion in structured credit, including more than $13 billion in cash flow CLOs. Barings was also named as a replacement manager for multiple structured credit portfolios.
- Proprietary Systems: CDO WorldSM, our proprietary database and portfolio management system, provides in-depth access to information.
Structured Credit: Receding Headwinds Support CLO Performance
CLOs rebounded in the first quarter as credit concerns receded. Lower interest rates may drive continued interest in the asset class moving forward.View
CLOs & Leveraged Loans: Beneath the Headlines
In a recent interview, Barings’ Head of Structured Credit, Matt Natcharian, and Head of U.S.-Managed CLO Funds, Adrienne Butler, discuss the pressures facing these markets today, and the opportunities they pose amid a late-stage credit cycle.View
CLOs: Accessing the Opportunity
Until fairly recently, it has been difficult for private investors and their advisers to access opportunities in collateralized loan obligations (CLOs), but that situation is slowly changing. In particular, with the advent of high yield multi credit strategies, investors have a means of accessing the broader market opportunities within the high yield universe, including the potential benefits offered by CLOs.View