About This Award
Best European CLO Manager was awarded to PGIM Fixed Income in May 2017 for the 2016 calendar year.
- Mean blended outperformance across all of a manager’s deals.
- Universe of 21 managers with at least three current actively-managed CLOs comprised predominantly of European collateral.
- Blended outperformance is the average ranking of each CLO relative to its peers who have achieved the greatest performance for all classes of investors.
- Metrics include change in junior OC; WARF average collateral value; weighted average spread, cash-on–cash return to equity; and equity volatility.