Collateralized Loan Obligations: A Primer

By John Martin and Akin Sayrak · Wiley · 2022 · INV101-106-26

Study guide: Exam INV-101

An article on collateralized loan obligations (CLOs) in the Journal of Applied Corporate Finance, volume 34, issue 3 (September 2022), pages 35-50. The authors provide a first look at CLOs and their distinctive features as a securitization vehicle, describe their growth, and focus on two fundamental risks they pose: the reliability of credit ratings, and the systematic risk borne by CLO investors.

On the syllabus

• Exam INV-101 — INV101-106-26, Collateralized Loan Obligations: A Primer (outcome 1a)

Contents unavailable The full text is published by subscription and the SOA supplies it as a study note that is not available electronically. No free copy could be found, so this page records the citation, the abstract and the assignment, and its sections are not listed.

Sources

• Crossref record for DOI 10.1111/jacf.12514 — the title, authors, journal, volume, issue, pages, publisher, publication date (September 2022) and abstract
• SOA INV 101 Introductory Study Note, Nov 2026/Mar 2027/Jul 2027 — the study-note code INV101-106-26 and its title; the match of the study note to this journal article is by its identical title, and the SOA's reprint itself was not seen
• SOA INV 101 Syllabus, Nov 2026/Mar 2027/Jul 2027 — the citation, the outcome it serves, and the statement that study notes are not available electronically