Ioana Barza, director of analytics at Thomson Reuters Loan Pricing Corp., leads a panel with Highland Capital’s Mark Okada, who provides an investor’s perspective, while Thomson Reuters LPC’s Colm Doherty shares insights on how loans versus other asset classes.
“Most of your return is going to be a function of what your rights are as a holder,” Okada says. “So the reason that we really think that investors are looking at bank loans today is because it is a contractual asset class. I know my coupon, I know my maturity, I know my collateral, I know where I stand in case there’s problems. All of those contractual aspects of the asset class are very attractive in this very uncertain environment.”