Palmer Square Capital Unveils Innovative ETFs for Investors
New ETFs Launched by Palmer Square Capital Management
Top global CLO issuer introduces active Credit Opportunities ETF (PSQO) and passive CLO Senior Debt ETF (PSQA).
Palmer Square Capital Management, a well-regarded credit-focused alternative asset management company established in 2009, proudly announces its latest investment offerings. The firm manages over $32 billion in assets, showcasing a robust history of providing quality investment solutions. Recently, Palmer Square has launched two innovative exchange-traded funds (ETFs) that cater to the evolving needs of investors. The Palmer Square Credit Opportunities ETF (PSQO) represents an actively managed multi-asset credit strategy, while the Palmer Square CLO Senior Debt ETF (PSQA) is designed to provide indexed access to the collateralized loan obligation (CLO) market.
Understanding the New Investment Products
Palmer Square Credit Opportunities ETF (PSQO)
The PSQO ETF offers a comprehensive solution to investors seeking diversified exposure to multi-asset credit. This actively managed fund simplifies portfolio construction by consolidating various assets, thus providing improved access to high-quality relative value opportunities. It encompasses multiple asset classes, including CLOs, corporate bonds (both investment grade and high yield), asset-backed securities (ABS), and bank loans, making it a versatile choice for investors.
Palmer Square CLO Senior Debt ETF (PSQA)
On the other hand, the PSQA ETF facilitates passive access to the CLO market through a proprietary research-driven senior debt index. This index allows investors to leverage Palmer Square's profound understanding of the CLO sector, particularly focusing on the AAA and AA tranches. The index aims to provide an efficient investment avenue within this segment, highlighting the firm's extensive research and analytical capabilities.
Insights from Leadership
Chris Long, Chairman and CEO of Palmer Square, expressed confidence in these offerings, stating, "Our extensive experience in managing multi-asset credit strategies positions us uniquely to assess market opportunities. The launch of these ETFs demonstrates our commitment to providing investors with efficient access to a variety of credit assets, including CLOs, through innovative financial products."
Angie Long, Chief Investment Officer and Portfolio Manager, also shared her insights on the firm’s investment strategies, emphasizing the importance of consistent credit analysis across various market cycles. She noted, "Our investment philosophy focuses on identifying relative value and meticulously selecting credits through robust examination, which is foundational to our success."
Launching the ETFs
The new ETFs commence trading on a specific day in September. In an exciting move, Palmer Square will ring the opening bell at the New York Stock Exchange to celebrate this significant milestone.
About Palmer Square Capital Management
Founded by Christopher Long in 2009, Palmer Square Capital Management has gained a solid reputation in the investment community, headquartered in Kansas City with additional offices in London. With a focus on diversified credit investments, the firm serves a diverse client base, including institutional investors, wealth management firms, and high-net-worth individuals. Palmer Square emphasizes various investment products such as mutual funds, private partnerships, and CLOs.
Furthermore, they offer Clarity through their publicly traded Business Development Company, known as Palmer Square Capital BDC Inc. (NYSE: PSBD), providing investors additional flexible pathways to access credit markets.
Frequently Asked Questions
What are the main features of Palmer Square's new ETFs?
The newly launched ETFs, PSQO and PSQA, offer investors access to actively managed multi-asset credit strategies and passive investment avenues in the CLO market, respectively.
Who can benefit from these new ETFs?
Investors looking for diversified credit exposure or those specifically interested in the CLO market can benefit from these innovative investment products.
What is the significance of the opening bell ceremony?
The opening bell ceremony at the New York Stock Exchange signifies the official launch of Palmer Square’s new ETFs, marking a significant milestone for the firm.
How much does Palmer Square manage?
Palmer Square Capital Management oversees over $32 billion in assets, showcasing strong growth and a solid investment track record.
What investment strategies does Palmer Square focus on?
Palmer Square primarily concentrates on Opportunistic Credit, Income Strategies, Private Credit, and CLOs, providing various investment solutions for clients.
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