Why CLOs Offer the Best Risk-Adjusted Return Among Fixed Income

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About This Episode

My guest today is here to talk about an asset class that is often misunderstood. It wasn't until recently that all investors had access to collateralized loan obligations (CLOs). Institutional investors have benefitted from the ownership of CLOs for over 25 years, and the asset class has grown to over $1 trillion.

These are not the same bonds that eroded the economy in 2008 during the global financial crisis. It's a similar name in "C blank O," but a very different asset class. John Kim and his team at Panagram are experts in CLO investing. He is here to explain how they work, why now for individual investors, the benefits of owning CLOs, and dispel some of the myths about this often-misunderstood asset class. John will share what Panagram is doing to educate and explain why advisors should consider an allocation.

About Our Guest

John Kim is the chief executive officer and chief investment officer at Panagram. He is the co-portfolio manager of Panagram’s two ETFs, CLOZ and CLOX.

John previously ran the structured products group at Eldridge. Prior to joining Eldridge, John was a managing director at Natixis, where he focused on structured financings for a variety of asset managers and hedge funds. Previously, he was head of CLO structuring at Deutsche Bank. He holds an M.B.A. from New York University’s Stern School of Business and a B.A. in philosophy from Yale.

Show Notes

Here is a link to the Panagram website.

Here are links to the two ETFs mentioned in this podcast: CLOZ and CLOX.

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