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Stock impact report

Palmer Square Capital Management Set to Launch First European CLO ETFs

Palmer Square Capital BDC Inc. (PSBD) 
Company Research Source: PR Newswire
Top global CLO issuer expands European footprint with three innovative investment productsMISSION WOODS, Kan. , Jan. 9, 2025 /PRNewswire/ -- Palmer Square Capital Management ("Palmer Square"), a credit-focused alternative asset management firm with more than $33 billion in assets under management founded in 2009, is planning to launch three pioneering ETFs for European institutional investors. Two of the ETFs will be passively focused on EUR and USD denominated AAA and AA CLO debt with the third planned to be an active multi-strategy ETF providing similar exposure to the actively managed ETF currently offered in the US by Palmer Square."The launch of these ETFs in Europe underscores our commitment to delivering cutting-edge solutions in complex investment environments across the globe. It is a natural extension of our global expertise in structured credit and demonstrates our ability to meet the rising market demand," said Angie Long, Chief Investment Officer and Portfolio Manager at Show less Read more
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