All insights
Asset-Backed Securities Quarterly Update – January 2021
TwentyFour AM partner and portfolio manager Douglas Charleston discusses Q4 performance for ABS markets and provides his outlook for 2021.
Trio of HY Deals Could Set Tone for 2021
For high yield issuers 2021 has started in a similar vein to 2020, with the technical backdrop providing an attractive environment for capital raising.
ABS in 2021: Spread Tightening and Supply Surprises
Our analysis indicates European ABS investors can carry forward little concern about nasty default surprises, and this is likely to be important when considering total returns for 2021.
Where Yields Are Higher Than High Yield
At the moment CLO spreads are tightening, as they are right across credit. However, we haven’t had any CLO primary deals come to market so far in 2021, so we are operating in a bit of an informational vacuum, at which point these cross-asset class comparisons can be useful.
Fast Moving Cycle
As we have said many times over the past few months, this cycle is likely to be remembered (among other reasons) as being exceptional for its unprecedented momentum.
TwentyFour promotes two to partner
TwentyFour Asset Management, the London-based specialist fixed income investor, has announced the appointment of two new partners from within its compliance and portfolio management teams.