Executive Summary

This report provides detailed information from U.S.-based investors investing in U.S. Par Loans, including helpful benchmark data such as:

  • Proportion of trading volume done with agent
  • Factors driving allocation decisions
  • Use of dealer research
  • Concentration of business
Methodology

From February to May 2016, Greenwich Associates conducted in-depth interviews with 1,302 U.S. institutional investors active in fixed income.