2 Feb 2022 TwentyFour Blog The CLO factory pauses for breath The first month of 2022 has passed, and it’s been quite a roller coaster for broader equity and credit markets, with volatility climbing to its highest level since January 2021. Read more
24 Jan 2022 Market Update Asset-Backed Securities Quarterly Update – January 2022 TwentyFour Partner and Portfolio Manager, Douglas Charleston, explains how ABS markets have performed in Q4 2021 and provides his outlook for the new year. Watch now
21 Jan 2022 TwentyFour Blog European ABS: Five things to expect in 2022 If 2021 was a bad year for global bond returns, it follows there were few natural shelters to be found within fixed income from the brunt of inflation and rates-driven volatility; the Barclays Global Aggregate Index (a widely used broad measure of bond performance) returned -4.7% in USD terms, while European investment grade credit returned -1.1% despite credit spreads tightening over the course of the year. Read more
20 Jan 2022 Market Update Three strategies for beating inflation with bonds Inflation was the dominant theme across financial markets in 2021, and we think it is likely to be a big driver of returns again in 2022. Read more
18 Jan 2022 Market Update European ABS: Five things to expect in 2022 With inflation and rate hikes dominating market discourse, we expect floating rate assets such as ABS and CLOs to benefit from increasing demand in 2022. Read more
14 Jan 2022 TwentyFour Blog Specialist lenders lead stacked pipeline in ABS The first two trading weeks of the year are coming to an end and unlike previous years they have been packed with activity. Read more
6 Dec 2021 TwentyFour Blog Euro CLOs a top pick for 2022 Markets have clearly experienced some periods of volatility this year, and while European CLOs haven’t been immune to this, both fundamentals and prices have been remarkably stable. Read more
2 Dec 2021 Market Update Policy, economy and markets must converge in 2022 Shortly after publishing his annual Rodney Blog, TwentyFour CEO Mark Holman sat down with Tom Porter to discuss the biggest calls fixed income investors will have to make in 2022, and explain why he believes the current disconnect between monetary policy, the economy and the markets cannot last for long. Watch now
1 Dec 2021 TwentyFour Blog Where is the yield in floating rate bonds? With floating rate assets likely to be high on investors’ shopping lists for 2022, Doug Charleston looks at the floating rate options across fixed income and highlights the highest yielding opportunities. Read more
29 Nov 2021 TwentyFour Blog The Rodney Blog 2022: Policy, economy and markets must converge What we are currently experiencing is a disconnect between monetary policy, the economy and the markets, a disconnect that in our view will struggle to survive much longer. Read more
25 Oct 2021 TwentyFour Blog European ABS and CLOs Resilient Amid Volatility After a mixed start to Q4 for risk assets, Elena Rinaldi examines how European ABS and CLO assets have fared so far in Q4 and the factors currently affecting both markets. Read more
15 Oct 2021 TwentyFour Blog BoE Rate Hikes Would Be Music to ABS Ears Let’s not forget that the BoE dropped rates from 0.75% right down to 0.1% at the start of the COVID-19 pandemic back in March 2020, having only managed to put through two hikes in 2017 and 2018. It has changed course sharply before. Read more