{"id":62227,"date":"2025-09-16T10:00:50","date_gmt":"2025-09-16T09:00:50","guid":{"rendered":"https:\/\/www.etfworld.com\/co.uk\/?p=62227"},"modified":"2025-09-19T17:15:13","modified_gmt":"2025-09-19T16:15:13","slug":"palmer-square-capital-management-lists-europes-first-passive-clo-etf-on-the-lse","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/co.uk\/palmer-square-capital-management-lists-europes-first-passive-clo-etf-on-the-lse\/","title":{"rendered":"Palmer Square Capital Management Lists Europe\u2019s First Passive CLO ETF on the LSE"},"content":{"rendered":"
Palmer Square Capital Management<\/strong> Lists Europe\u2019s First Passive CLO ETF on the London Stock Exchange<\/h5>\n

<\/p>\n

Sign up to our free newsletters<\/strong><\/a><\/span><\/p>\n

\n

Chris Long, Founder and CEO of Palmer Square<\/strong><\/p>\n

\n
\n
\n
\n
\n

Euro-Denominated CLO ETF (<\/i>PCL0) Begins Trading September 16<\/i><\/p>\n

Palmer Square Capital Management, a credit-focused alternative asset management firm with more than $36.2 billion in assets under management and one of the world\u2019s largest CLO issuers, announced the commencement of trading for the Palmer Square EUR CLO Senior Debt Index UCITS ETF (PCL0) on the London Stock Exchange (LSE). This follows PCL0\u2018s initial listing on Xetra, expanding access to the firm\u2019s pioneering European CLO ETF for UK-based and broader global institutional investors.<\/p>\n

PCL0 is the first passive Euro-denominated CLO ETF available in Europe and provides targeted exposure to AAA and AA-rated CLO debt, benchmarked to Palmer Square\u2019s proprietary EUR CLO Senior Debt Index (ECLOSE). The ETF is structured as a sub-fund of the Palmer Square UCITS ICAV, an Irish-domiciled collective asset-management vehicle regulated under Irish law and is fully compliant with European ESG standards.<\/p>\n

\"\"<\/a>\u201cThe listing of PCL0 on the LSE is a continuation of our strategy to make institutional-quality CLO debt solutions accessible globally through efficient, investor-friendly ETFs,\u201d said Angie Long, Chief Investment Officer and Portfolio Manager at Palmer Square<\/strong><\/span>. \u201cInvestors across Europe and the UK now have multiple avenues through which to gain access to the high-quality, cycle-resilient senior CLO debt market with our UCITS ETF, PCL0.\u201d<\/p>\n

Chris Long, Founder and CEO of Palmer Square<\/strong><\/span>, added: \u201cAs the only passive ETF in Europe targeting Euro-denominated AAA and AA CLO debt, PCL0 continues to underscore Palmer Square\u2019s leadership in credit through innovation and investor-driven product design. The addition of a UK exchange listing reflects the growing demand we see for this asset class from the global institutional community and highlights our expanding global footprint.\u201d<\/p>\n

PCL0 tracks the performance, before fees and expenses, of ECLOSE, which was launched in 2024 to meet institutional demand for a transparent, rules-based benchmark for the European CLO senior debt market. ECLOSE reflects Palmer Square\u2019s rigorous credit standards, emphasizing liquidity, quality, and market relevance.<\/p>\n

\"Moore<\/a>\u201cWe believe PCL0 fills a critical gap in the European fixed income landscape,\u201d said Taylor Moore, Managing Director and Portfolio Manager at Palmer Square<\/strong><\/span>. \u201cIt offers institutional allocators a streamlined, cost-efficient tool to access what we view as one of the most attractive risk-adjusted return opportunities in structured credit today.\u201d<\/p>\n

Palmer Square was the #1 European CLO issuer from 2022 through 2024, with more than 20 European CLOs issued and a zero-default record across all CLO platforms globally. The firm is also known for pioneering global CLO benchmarks, including the U.S.-focused Palmer Square CLO Senior Debt Index (CLOSE) and the Palmer Square CLO Debt Index (CLODI).<\/p>\n

PCL0 is not available for retail distribution and is intended exclusively for professional investors, eligible counterparties, and advanced investors under MiFID II guidelines.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n\n\n\n\n\n
Product Name<\/td>\nPalmer Square EUR CLO Senior Debt Index UCITS ETF<\/strong><\/span><\/td>\n<\/tr>\n
ISIN<\/td>\nIE000JTHNWF0<\/td>\n<\/tr>\n
SEDOL<\/td>\nBVLDFT8<\/td>\n<\/tr>\n
Currency<\/td>\nGBP<\/td>\n<\/tr>\n
Underlying<\/td>\nPalmer Square EUR CLO Senior Debt Index<\/strong><\/td>\n<\/tr>\n
Management Fee<\/td>\n0.25%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n\n\n\n\n\n\n\n\n
Product Name<\/td>\nPalmer Square EUR CLO Senior Debt Index UCITS ETF<\/strong><\/span><\/td>\n<\/tr>\n
ISIN<\/td>\nIE000JTHNWF0<\/td>\n<\/tr>\n
SEDOL<\/td>\nBPJJZ96<\/td>\n<\/tr>\n
Currency<\/td>\nEUR<\/td>\n<\/tr>\n
Underlying<\/td>\nPalmer Square EUR CLO Senior Debt Index<\/strong><\/td>\n<\/tr>\n
Management Fee<\/td>\n0.25%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Source: ETFWorld<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Palmer Square Capital Management Lists Europe\u2019s First Passive CLO ETF on the London Stock Exchange<\/p>\n","protected":false},"author":4,"featured_media":62230,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":null,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"default","_twitter_share_type":"default","_linkedin_share_type":"default","_pinterest_share_type":"default","_linkedin_share_type_page":"","_instagram_share_type":"default","_medium_share_type":"default","_threads_share_type":"default","_google_business_share_type":"default","_selected_social_profile":null,"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[19],"tags":[601],"class_list":["post-62227","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-etf-lse","tag-palmer-square-capital-management"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/62227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/comments?post=62227"}],"version-history":[{"count":4,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/62227\/revisions"}],"predecessor-version":[{"id":62234,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/62227\/revisions\/62234"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/media\/62230"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/media?parent=62227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/categories?post=62227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/tags?post=62227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}