ESG in the CLO Context
Mike Peterson
20 years: Capital markets media
In this video, Mike Peterson explains why ESG must move up the priority list for managers and investors working within the CLO market. He explains why ESG has struggled to gain a foothold among CLO managers and how this can be remedied.
In this video, Mike Peterson explains why ESG must move up the priority list for managers and investors working within the CLO market. He explains why ESG has struggled to gain a foothold among CLO managers and how this can be remedied.
ESG in the CLO Context
10 mins 49 secs
Environmental, social and governance issues are becoming more important in the CLO market. But this is from a low base. CLO market participants have often argued that ESG is irrelevant to a business that consists of lending to a diverse portfolio of companies. That consensus is now changing, with Europe moving quicker than the US in response to investor pressure. More than 40% of new CLOs issued in 2020 included ESG restrictions of some kind.
Key learning objectives:
Why CLOs have been relatively slow to embrace ESG
How CLO managers now taking steps to integrate ESG into their policies
Which industries are CLO managers choosing to exclude from their portfolios
Mike Peterson
Related videos
