All insights
Asset Backed Securities - Quarterly update - January 2020
Ben Hayward looks at the Q4 performance for Asset Backed Securities and provides an outlook for the year ahead.
Outcome Driven - Quarterly update - January 2020
Chris Bowie looks at the performance of the Outcome Driven strategy over the last quarter and provides his outlook for 2020.
Strategic Income – Quarterly update – January 2020
CEO and Portfolio Manager Mark Holman discusses Q4 performance for the Strategic Income strategy and provides his outlook for 2020.
Margin For Error in Credit Selection Narrows
We have talked regularly about avoiding ‘next year’s skeletons’, and this is now more pertinent given the strength of the current technical backdrop, combined with spread levels that are significantly tighter relative to this time last year.
ABS Primary Slips Into Gear
We have already highlighted the blistering pace of bond sales in both Europe and the US, and this being met with apparently insatiable demand from fixed income investors. Since European ABS markets tend to lag broader fixed income, it seems fitting that we have had to wait another week before seeing that primary machine start to accelerate.
Record Inflows Give New Energy to US Bond Market
While the European bond market was setting records last week, the US market has also begun 2020 with a flurry of transactions backed up by record inflows.