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Sandeep Rai
Global Head @ IQ-EQ | AMCT, Treasury Management
Sandeep Rai is the Global Head of Banking and Treasury Services at IQ-EQ, a prominent investor services company based in London. He has over 15 years of experience in treasury management and finance, which he leverages in his current role to enhance the company's offerings in banking and treasury services. Since September 2022, he has been leading this division, focusing on providing innovative solutions to clients in the financial sector.234
Prior to his role at IQ-EQ, Sandeep Rai held various positions that contributed to his expertise in the field, including significant roles in treasury management. His leadership at IQ-EQ has been marked by strategic initiatives, such as a recent partnership with Alpha Group to improve account opening and currency management services for clients.12
Highlights
I’m pleased to announce I will be joining BBVA Capital Advisory in September with a focus on European and UK Banks. Very much looking forward to working with the team and helping our clients. #capitaladvisory #bbva
Gianmarco Deiana
Attended the Euro CLO Forum in London last week with some colleagues and gained some valuable insights. Here are the top 5 takeaways from the conference:
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2024 is shaping up differently, with the market being very constructive this year due to stabilisation in macroeconomic factors.
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Secondary and primary CLO spreads have narrowed significantly, with AAA level spreads back to 2022 levels, and the arbitrage returning.
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Managers need to have 50% of their loan portfolio sourced from the primary market to make the arbitrage work, but primary loans are in short supply at present.
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The development of European mid-market CLO issuance remains challenging, but there is anticipation that something may come to the market this year.
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European ETFs have the potential to bring in retail money, with the launch of the second European CLO index serving as a benchmark for managers and investors.
Overall, the market is alive and well, with investors and managers seeing a continued role for CLOs as an asset class and new players entering the market.
Our global team offers unparalleled support to CLO managers establishing structures and providing ongoing administration services. Get in touch with our team. Joanne McEnteggart Hugo Lavayssière Kate O'Brien Suzanne Howe Helle Pilia Emma Causevic
#oneiqeq #clo #euroclo #loans #london
