You are here

US collateralised loan obligations' 16% returns exceed junk bonds'

New York

THE riskiest portions of specialised loan funds that have helped finance the biggest buyouts in history are luring investors with returns that exceed even junk bonds.

The equity slices of US collateralised loan obligations (CLOs), which get whatever money is leftover after...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to