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    Record supply meets disciplined buyers
    Record supply meets disciplined buyers
    US investment grade (IG) borrowers printed close to $150bn in August, surpassing the $136bn record set in August 2020 and making this the third consecutive month to set an all-time high after June and July. Against a seasonal average of roughly $95bn since 2019, that is about 50% above the norm despite the August holiday season being in full swing.

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Meet Shilpa

Shilpa Pathak

Shilpa Pathak

Portfolio Management

20 years investment experience

London

TwentyFour Asset Management LLP

20 Fenchurch Street 4th floor

EC3M 3BY London

United Kingdom

Shilpa is a member of the Asset-Backed Securities (ABS) portfolio management team. 

Before TwentyFour, Shilpa worked as an application development consultant at Dow Jones and as a software developer at Dell.

A graduate of the Indian Institute of Information Technology, Shilpa holds an MBA from Cass Business School.

Related perspectives

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Barcelona outlook, sunny but a stiff breeze!

In the first week of June, the European asset-backed securities (ABS) market participants flocked to sunny Barcelona for the 28th Global ABS conference.
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Are storm clouds gathering over the UK housing market? Part two…

In the second instalment of a two-part blog on the UK housing market, Shilpa Pathak stress tests UK RMBS to determine how high mortgage defaults would have to get before bondholders are impacted.
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Are storm clouds gathering over the UK housing market? Part one…

In the first of a two-part series on the UK housing market, Shilpa Pathak looks at the experience of previous recessions and argues fundamentals today look far stronger than they did either in 2007 or the early 1990s
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