Leveraged Loan Insight & Analysis – 3/8/2021

US CLO portfolio trading activity
mirrors strong secondary

Chart

Of the US$261bn in trading activity by US CLO managers in 2020, asset selling peaked at 41% of activity in the second quarter, at the height of the pandemic.
 
Selling slowed to only 36% of US CLO managers’ trading activity by year-end, with purchases climbing to 64%.