Although the potential rise in interest rates has placed a damper on most asset classes, the syndicated loans world has not lost its appeal. Instead, loans have probably been one of the most attractive asset classes around this year, and they are spurring the creation of new loan funds as well as collateralized loan obligations (CLOs).

"Both the CLO and retail fund market have been very strong and there is no indication that is going to end any time soon," said Mike Bacevich, a senior vice president at Hartford Investment Management, a wholly owned subsidiary of The Hartford Financial Services Group.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.