Structured credit blossoms in Q1

Collateralised loan obligation volumes are up by 120% year-on-year

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The issuance of structured credit products has registered strong growth in the first quarter of this year, driven by surging demand and supported by favourable market conditions, according to Dresdner Kleinwort Wasserstein.

Since the turn of the year, the collateralised loan obligation (CLO) market has witnessed the most robust supply. Domenico Picone, head of structured credit research at DresdnerKW, says that issuance has been aided greatly by an increase in the number of new managers in the

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