US CLO ETFs Surpass $50B in Total Assets
AI Summary
U.S. CLO ETFs have collectively surpassed $50 billion in total assets, reflecting strong investor interest and growth in this credit sector. This milestone was confirmed by financial experts and analysts including Gretchen Lam, CEO of Octagon Credit Investors.
Gretchen Lam, CEO of Octagon Credit Investors, joins Katie Greifeld on "Bloomberg Real Yield." US ETFs that buy and sell CLOs now collectively manage more $50 billion after crossing that threshold last week, according to estimates by Bank of America. (Source: Bloomberg)