Top articles

  • What are AT1 bonds, and how do they work?
  • Rules of the Game - from Swiss Finish to Finished
  • Credit Suisse - In the Eye of the Storm
  • No, you haven’t missed the fixed income rally
  • Is the CLO whale back in the water?
  • Idiosyncratic or wider bank issue?
  • Let it go, turn away and slam the door
  • Are markets finally following the Fed?
  • CLO documentation provides downside protection to investors
  • February pull-back widens the entry point for fixed income

Client units

  • Wealth Management
  • Asset Management
  • Digital Investing

Quick links

  • Vontobel Wealth
  • derinet
  • deritrade
  • cosmofunding
  • EAMNet
  • EAMNet (Services)
TwentyFour AM
Financial Intermediary
  • Funds
    About us
    Funds
    We are an asset management company and we specialise in fixed income, nothing else. This fixed income specialist focus means that all our resources and people are managing one asset class with no distractions.

    Read more

    Asset-Backed Securities (ABS)
    Investment Grade
    Multi-Sector
    Sustainable
    Closed-Ended
    Fund Literature
    Prices & Performance
    How to Invest
  • Sustainability
    Sustainability Page Image
    Sustainability
    At TwentyFour, environmental, social and governance (ESG) analysis is integral to our primary goal of delivering capital preservation and performance to our clients.

    Read more

    Our Approach to Sustainability
    Engagement at TwentyFour
    UK Stewardship Code
    Our Sustainable Funds
    Our ESG Insights
  • Insights
    Rules of the Game - from Swiss Finish to Finished
    Swiss regulators' decision to bail out Credit Suisse equity holders while wiping out AT1 debtholders will see long-term effects on bank debt markets and likely legal action says Eoin Walsh

    Read more

    All insights
    The TwentyFour Blog
    Market updates
    Video hub
    Whitepapers
  • Resources
    Resources website
    Resources
    Need more information? Here we provide a library of resources to help, including product information, guides, forms, educational materials and regulatory information.

    Read more

    Document Library
    Education Hub
    Glossary
    Regulatory
  • About us
    Our Business
    About TwentyFour
    We are specialists in fixed income, headquartered in the City of London and a boutique of the Swiss based Vontobel Group.

    Read more

    About TwentyFour
    Corporate Social Responsibility
    News
    Contact us
Search insights

Insights Topic

Asset-Backed Securities

Let it go, turn away and slam the door
TwentyFour Blog | Read | 3 min 8 Feb 2023

Let it go, turn away and slam the door

With commercial real estate continuing to suffer the effects of the COVID pandemic and inflation, Elena Rinaldi looks at one CMBS transaction highlighting the challenges facing the asset class.

Read more

Is the CLO whale back in the water
TwentyFour Blog | Read | 2 min 6 Feb 2023

Is the CLO whale back in the water?

With Norinchukin Bank reportedly looking again at CLOs, Aza Teeuwen looks at the potential impact the return of the one of the market’s biggest buyers might have on spreads.

Read more

No, you haven’t missed the fixed income rally
TwentyFour Blog | Read | 3 min 2 Feb 2023

No, you haven’t missed the fixed income rally

Strong performance across markets in January has left some investors feeling they’ve missed out on the rally in bonds. No need to worry, says Felipe Villarroel.

Read more

TwentyFour Blog | Read | 3 min 25 Jan 2023

Having your cake and eating it

While yields have soared in recent months and created a broad buying opportunity in fixed income, Aza Teeuwen says investors should look at floating rate bonds to benefit from higher coupons today.

Read more

New year, new mood as ABS supply ramps up
TwentyFour Blog | Read | 3 min 19 Jan 2023

New year, new mood as ABS supply ramps up

European ABS is enjoying a spurt of new issuance and a parallel rally in spreads, with investors having entered the new year with cash to invest and buoyed by renewed hope around inflation and monetary policy, says Pauline Quirin.

Read more

Asset-Backed Securities Quarterly Update – January 2023
Market Update | Watch | 5 min 19 Jan 2023

Asset-Backed Securities Quarterly Update – January 2023

TwentyFour Partner and Portfolio Manager, Douglas Charleston, describes the developments of the ABS market in Q4 2022.

Watch now

Are storm clouds gathering over the UK housing market? Part two…
TwentyFour Blog | Read | 5 min 9 Jan 2023

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.

Read more

Nationwide deal highlights surge in ABS interest and income
TwentyFour Blog | Read | 2 min 7 Dec 2022

Nationwide deal highlights surge in ABS interest and income

Higher rates mean the income available on AAA RMBS bonds is eight times what it was at the start of this year, and growing demand for this floating rate asset class is clear, says Kevin Law.

Read more

TwentyFour Blog | Read | 15 min 6 Dec 2022

The Rodney Blog 2023: A return to returns

In our annual ‘Rodney Blog’, Eoin Walsh says that with rates now offering both yield and downside mitigation, and credit yields at near-decade highs, fixed income investors could enjoy strong returns in 2023

Read more

Are storm clouds gathering over the UK housing market? Part one…
TwentyFour Blog | Read | 3 min 2 Dec 2022

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

Read more

sustainability and abs - whats going on
White Paper | Read | 12 min 7 Nov 2022

Sustainability and ABS – what’s going on?

Since we published our October 2019 whitepaper, ‘ESG and ABS at TwentyFour’, the global ESG market has continued to grow dramatically. We have seen a Green ABS market begin to emerge, improvements in sustainable data and an increasing focus on ESG in the leveraged loan and CLO markets. But what does all this mean for investors?

Read more

ABS Investor Update November 2022
Market Update | Watch | 1 h 1 min 3 Nov 2022

ABS Investor Update - November 2022

While rising interest rates are generally positive news for European ABS due to the resulting increase in their floating rate coupons, the substantial volatility in UK government bonds recently has seen ABS spreads widen, we believe due in large part to the popularity of the asset class with pension funds as a liquid fixed income allocation alternative.

Watch now

  • Load More
Follow us

Footer menu > twentyfour

  • Terms & Conditions
  • Privacy & Cookies
  • Regulatory
  • Glossary
  • Modern slavery statement

Welcome

Welcome to TwentyFour Asset Management LLP, an active asset manager in the fixed income market. In order to access tailored information please confirm the following:

Your investor type
If you're not from the United Kingdom or Ireland, click here to visit the Vontobel Asset Management website
Confirm Decline

Vontobel Asset Management website