Index Commentary - February 2022

Russia’s invasion of Ukraine roiled risk markets in the final week of February, heightening geopolitical uncertainty that had already cast a shadow over activity in recent weeks. Although loans outperformed high-yield bonds and equities for a second month in a row, all asset classes suffered from dramatic volatility and closed out February deep in the red.


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Conflicts in CLOs: Non-Existence is No Excuse!

March 15, 2023 - As discussed last month, in January the SEC reproposed its 2011 “Prohibition Against Conflicts of Interest in Certain Securitizations Rule (the “Proposed…