In this episode of Tranche Talk, Cloud 9fin’s CLO series, our global head of CLOs, Tanvi Gupta, talks with Alex Navin, managing director at Performance Trust Capital Partners.
They discuss how CLO tranches are trading in this macro backdrop, triple-A liquidity, the influence of vintage on CLO trading, relative value between the US and Europe and how this pocket of volatility is different to anything we’ve seen since 2020.
They also delve into the uncertainty surrounding uncovered double-B MVOCs, the year ahead for CLO equity returns and if there are any equity hedges out there.
Have any feedback for us? Send us a note at podcast@9fin.com. Thanks for listening!
