“We traditionally have turned over about 60% of the portfolio per year,” says AGL Credit Management’s Chief Operating Officer Wynne Comer, discussing the company’s approach to managing collateralized loan obligations. “That’s 30% through prepayments, 30% through active management.” Comer joins Bloomberg Intelligence’s Noel Hebert on the latest episode of the Credit Crunch podcast to discuss the evolution of the CLO market past and present, her transition from banking into asset management, AGL’s extension into private credit and the outlook for continued growth. Comer also explores due diligence, the state of regulation, where bonds play in the CLO market and factoring for AI.
The Credit Crunch podcast is part of BI’s FICC Focus series.