Partner and Portfolio Manager Felipe Villarroel reflects on markets in 2020 before giving his inflation outlook for 2021

Partner and portfolio manager Gary Kirk discusses why he thinks AT1s continue to look attractive in the search for yield. 

We were delighted to be winners once again at this year’s Investment Week Specialist Investment Awards, winning Best Specialist Fixed Income Group for the second year running. Chris Bowie and team also took home the Best Short Duration Bond Fund award.

TwentyFour Asset Management, the London and New York-based specialist fixed income boutique of Vontobel Asset Management, has launched the TwentyFour Sustainable Enhanced Income ABS Fund.

TwentyFour Asset Management is pleased to announce the appointment of Chris Thomas as Chief Risk Officer.

While we enter 2021 with plenty of negative headline news on the virus, along with the associated inevitable downgrade or delay to the economic recovery, in our view the technical position remains just as firm as it has been in the last nine months.

TwentyFour are proud to have teamed up with Queen Mary University of London’s (QMUL) mentoring scheme with the aim of specifically providing female undergraduates less familiar with the workings of the City with advice, guidance and encouragement.

On Wednesday 14th September , TwentyFour Asset Management held its annual investor conference online for the first time.

Yesterday the ECB released their guidance to banks regarding shareholder distributions. They have reiterated that banks should exercise extreme moderation on variable remuneration (bonus payments) and have set limits for dividend payments to equity holders and prudence on any share buy-back schemes.

As we are nearing the end of 2020 and assessing pockets of potential value going into 2021, we have to question the strong rally we have just experienced and assess the attractiveness of the hybrid spread multiple and whether or not we can expect further compression.