Event Replay

Residential Mortgage Backed Securities (‘RMBS’) are by far the largest, and most liquid component of the European ABS market, and a key tool for banks and other lenders to finance the loans they make to homeowners in the real economy.

Given the recent headlines surrounding Credit Suisse and the decision from FINMA, the Swiss regulator, to write down CHF16 billion of Credit Suisse’s Additional Tier 1 debt to zero, we hosted a webinar looking at the possible wider implications of this write-down and what it could means for fixed income investors. 

Amidst uncertain economic conditions during a late-cycle environment, we still believe that short-dated, high quality, investment grade bonds with low duration and high break-even yields can play a crucial role in portfolios and are well positioned to weather bouts of volatility that we may see this year.

European ABS proved to be a valuable allocation for fixed income investors last year and we think the asset class looks to be even stronger in 2023, with rates and spreads combining to create an attractive income landscape. 

Portfolio managers Chris Bowie and Jack Daley provide an update on the TwentyFour Corporate Bond Fund.

With inflation and rate hikes dominating markets in 2022, European ABS proved to be a valuable allocation for fixed income investors wishing to avoid unwanted yield curve related volatility.

TwentyFour Portfolio Manager, George Curtis, provides an update on the Multi-Sector teams current investment themes and macro outlook before looking at the performance and portfolio positioning of the Vontobel Fund – TwentyFour Strategic Income Fund.

As we enter 2023, we think there is good reason for fixed income investors to be positive. This is especially true in investment grade where issuers are typically higher quality, less leveraged and generally have a lower cost of funding than HY issuers.

2022 has been one of the most challenging years in recent memory for fixed income investors. In this fixed income panel, hosted by TwentyFour Partner and Portfolio Manager Mark Holman, we discuss our recently published 2023 outlook including top sector picks and potential surprises to consider.

Defined by the realities of persistent inflation and an uncertain geopolitical backdrop, bond market conditions during 2022 have proved nothing short of challenging.

After an interesting start to the year that has already brought large moves in rates markets and kept inflation in the headlines, Eoin Walsh looked at the major headwinds facing fixed income investors and laid out the reasons why we are positive on the asset class in 2022.

TwentyFour Asset Management's annual conference took place virtually for the second year running on September 15 & 16, with hundreds of attendees tuning in live for interactive sessions with TwentyFour's portfolio management team. All the insights from the Asset-Backed Securities team are now available