CLO ETF moves down cap stack

Category: Structured Finance

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Sector developments and company hires

CLO ETF moves down cap stack
Janus Henderson Group has filed a preliminary registration statement with the US SEC for the Janus Henderson B-BBB CLO ETF (JBBB) for US investors. The exchange-traded fund - which is expected to be the first ETF focused on providing exposure to single-B to triple-B rated CLO tranches - will be managed by portfolio managers John Kerschner and Nick Childs.

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