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AXA Investment Managers (“AXA IM”) announces the launch of the Short Maturity CLO Opportunity Fund (“the Fund”). The fund manager aims to offer investors a net total return of 4 to 6% by investing in the vintage US CLO mezzanine universe (CLO 1.0s) whilst maintaining an Investment Grade average rating.
Christophe Fritsch, Co-Head of Securitised and Structured Assets and Head of Structuring at AXA IM said: “The Fund was immediately popular with a wide range of clients including family offices, pension funds and insurance companies and we expect to reach a USD 250 million in the short term. With investors constant search for yield we are pleased to be able to bring this Fund to the market; we had to act quickly to capture this short window of opportunity for investors as...
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