Three credit opportunities in a low-yield world

Floyd Tyler, president and CIO of credit FoHF firm PreserverPartners, highlights attractive investment opportunities in European structured credit, discounted preferred securities and a bearish trade on CMBS with low quality mall exposure

 European CLO debt/equity  For yield-focused investors, European CLO Debt/Equity remains one of the more enduring opportunities providing access to European corporate credit with geographic, sector and company-level diversification. CLOs work well through cycles, and they perform best when spreads are wide and default rates are low. We continue to find