New housing policies may not reset home prices quickly, but they could reshape the mechanics that drive mortgage lending, RMBS spreads, cash flows, and relative value.
It has rained for a week straight, humidity has the air heavy and temps are hot. All those are indicators that summer is here in Atlanta, but the reduced intensity of activity in our markets – especially around the ‘wings’ of the week (Mon and Fri) – is the stronger tell for us as we toil away on our trading floor.
The securitized credit market has evolved, through economic cycles and crises, into a popular fixed income allocation. However, its breadth, relative youth, and perceived complexities can be challenging for new investors, causing them to miss out on the asset class’s opportunities. Here’s what you need to know.
Securitized credit is a popular, if complex, fixed income allocation. Here’s where to begin.
Securitized credit has long been a popular alpha source for fixed income investors. However, the asset class is often under-utilized due to structural underrepresentation in benchmarks and difficulties when assessing relative capabilities amongst managers.
Thanks to recent industry advancements, this is changing. As data providers expand to embrace securitized credit, investors should, too.
While markets efficiently price each new batch of federal policy headlines, the longer-term consequences to some of these plans have important implications for the securitized investment landscape. One lens to evaluate these risks? ESG analysis.
Artificial intelligence is now a driving force behind market cycles, reshaping fixed income as tech giants seek financing for their historic capex boom. Here’s how it’s changing portfolios, risks, and opportunities.
Voya’s investment leaders debate the Fed rate cycle, policy questions, and the widening effect of AI’s massive, global buildout.