Structured Credit (CLOs)
- AUM $21.8 billion
(30 June 2021)
- 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.
- Proprietary Systems: CDO WorldSM, our proprietary database and portfolio management system, provides in-depth access to information.
Deja vu for CLOs?
Heavy supply around quarterly payment dates has led to predictable periods of spread widening in the CLO market—creating attractive relative value opportunities up and down the capital structure.View
CLOs: The Proof is in the Process
In this Q&A, Adrienne Butler discusses Barings’ longstanding presence in the CLO market and shares her views on what it takes to navigate the often-misunderstood asset class.View
CLOs: What's Driving the Opportunity Today?
Co-Heads of Structured Credit, Melissa Ricco and Taryn Leonard provide insight into last year’s ‘rollercoaster ride’ in CLOs, and explain why both fundamental and technical factors appear to be aligning to create a strong backdrop for the asset class moving forward.View
Why Now May Be a Good Time to Consider CLOs
A wave of refinancings has tested the CLO market’s capacity, but it has also created relative value opportunities up and down the capital structure—particularly in seasoned, BB deals.View
Four Themes for Insurance Asset Management in 2021
Insurers have fared relatively well through the pandemic, but there is likely a long and uneven road to recovery ahead. With this in mind, there are four key themes worth considering for insurance company investors in the months to come.View