New structured credit ETFs are hitting the market just as investors hunt for income

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

BlackRock is among the firms with a new CLO ETF, challenging the dominant Janus Henderson fund in this area of bundled corporate loans.

The surge of cash into debt funds in 2022 is helping fuel the growth of more esoteric forms of bond ETFs, including two funds launched in January that buy packages of predominantly leveraged corporate loans. BlackRock launched the AAA CLO ETF less than a month ago, and the product already has about $30 million in assets under management.

"You're seeing a raft of ETFs being issued right now to take advantage of the fact that these bonds have performed so well over multiple crises and multiple years, and people want to bring them to a retail audience," Kim said. The most established fund is the Janus Henderson AAA CLO ETF , which only launched in 2020 and already has about $2 billion in assets under management. The fund has healthy trading volume, occasionally topping one million shares in a day.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 12. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Oklahoma weighs divesting billions from BlackRock, other finance firms over climate-friendly ESGThe world’s largest financial institutions that do business with Oklahoma were put on notice by the state Wednesday that they’re at risk of losing billions of dollars in business if they engage in climate-friendly investment practices that Republicans call “woke capitalism.” Good. Every state should follow suit. Well, except the commie ones. ESG It is an unproven Theory. You do not use it until studies are made. So far it has destroyed entire economies. Science is not, Let's make everyone do it. If they all die we'll stop. tt:ckchumley maggieNYT VDHanson
مصدر: WashTimes - 🏆 235. / 63 اقرأ أكثر »