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Credit markets

US managers set the pace in European CLO market

The burgeoning market for collateralised loan obligations in Europe has attracted the attention of large, established US managers, keen to get a piece of the action. So what effect is this influx of transatlantic thoroughbreds having on the European CLO…

Reconstructing loan management

European banks are taking advantage of the benign credit environment to overhaul the way they manage their loan portfolios. With credit spreads at record lows, banks are increasing their use of credit derivatives for hedging. By Rachel Wolcott

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