- Insurance AUM – Podcast: “Rising Rates Pushing Investors Back to Core Bonds” 04/21/2022
Insurance AUM - Podcast: "Rising Rates Pushing Investors Back to Core Bonds"
- Bloomberg – Investors Brace for QT’s ‘Profound Effect’ on Cost of Liquidity 03/31/2022
div>Original article by Liz McCormick
Jake Remley, Senior Portfolio Manager at Income Research + Management, shared his insights on the current state of the yield curve and the likelihood of an inversion given the recent bond market volatility. Jake spoke to the stress is liquidity Treasuries are experiencing. He is of the belief that QT ...
- CNN – Stocks Still Sliding as Russia-Ukraine Fears Persist 03/04/2022
Original article by Paul LaMonica
Scott Pike, Senior Portfolio Manager at Income Research + Management, shared his views on the impacts of Russia’s invasion of Ukraine on investment portfolios with CNN. On the back of a positive February jobs report, Scott explained how the geopolitical landscape is actually the more important catalyst for investors to ...
- The Bond Buyer – Munis Vastly Underperform UST Rally 02/28/2022
Original article by Gary Siegel, Jessica Lerner, and Lynne Funk
Jake Remley, Senior Portfolio Manager at Income Research + Management, shared his views on the impacts of Russia’s invasion of Ukraine on Fed hikes and inflation outlooks with The Bond Buyer. Jake explained how the geopolitical landscape will test the Fed’s prior categorization of transitory ...
- MarketWatch – Watch Out For The ‘angry U.S. consumer’ as Russian Invasion of Ukraine Threatens America’s Fight Against Inflation 02/25/2022
Original article by Joy Wiltermuth
Jake Remley, Senior Portfolio Manager at Income Research + Management, shared his views on the impacts of Russia’s invasion of Ukraine on U.S. investors, who are largely focused on the cost of food and energy in America, with MarketWatch. Jake explained how and why he feels the Federal Reserve will ...
- International Financing Review – Non-QM RMBS Offer More Prepayment Protection 02/23/2022
Original article by Richard Leong
Mike Sheldon, Senior Portfolio Manager at Income Research + Management, shared his views on the RMBS market with International Financing Review. Mike noted that mortgage rates have risen in step with rising bond yields stemming from concerns about four-decade high inflation and the Federal Reserve’s plan to stop buying mortgage ...
- BenefitsPRO – Is The Flexibility Worth The Risk? 02/01/2022
Original article by Theresa Roy
Theresa Roy, Investment Product Specialist at Income Research + Management, shared her analysis and views on the health of pension plans at the end of 2021 and how they can position their portfolios to succeed in 2022 in an op-ed for BenefitsPRO. She explores how the American Rescue Plan Act, ...
- Reorg – Municipal Market 2022 Outlook: Fed Rate Hikes Wonʼt Bring Repeat of 2021 but Munis Can Still Outperform Other Fixed Income Classes 01/19/2022
Original article by Anastasia Bergeron
Wesly Pate, Portfolio Manager at Income Research + Management, spoke with Reorg about his outlook for municipal bonds in 2022. Wesly feels that the market could see a longer outflow cycle in 2022, as munis started the year below their long-term relative value averages. He also shared that he expects ...
- GlobalCapital – Non-restaurant franchise ABS to flourish in 2022 01/11/2022
Original article by Jennifer Kang
Mike Sheldon, Senior Portfolio Manager at Income Research + Management, shared his outlook for the ABS market in 2022 with GlobalCapital. Mike analyzed headwinds and tailwinds for whole business ABS securities this year, as well as non-traditional asset class performance in 2021. IR+M saw strong performance in tier-one franchise names ...
- Yahoo! Finance – What the Fed has Going for it as Inflation Surges, Tightening Looms 12/16/2021
Jake Remley, senior portfolio manager at Income Research + Management, provided insights in an article for Yahoo! Finance on the implications of the Federal Reserve’s hawkish turn at the December FOMC for bond markets in early 2022.
- Bloomberg – Historic Decoupling From Treasuries Bodes Well for Munis in 2022 12/08/2021
Wesly Pate, portfolio manager at Income Research + Management, provided insights in an article for Bloomberg on the growing decorrelation between municipal bonds and Treasuries since the COVID-19 pandemic took hold.
- The Wall Street Journal – High-Yield Bond Sales Soar to Record as Investors Have Few Other Places to Go 11/26/2021
Original article by Sebastian Pellejero
Lyniese Patterson, Portfolio Manager at Income Research + Management, spoke with The Wall Street Journal about where IR+M sees value in the high-yield debt market. Lyniese shared, that given the strong economic backdrop in 4Q2021, the firm’s high-yield team has shifted holdings into lower-rated debt. Lyniese also explained why she ...
- The Bond Buyer – Munis Outperform Big UST Sell Off Post-Powell Announcement 11/22/2021
Original article by Lynne Funk and Gary Siegel
Jake Remley, Senior Portfolio Manager at Income Research + Management, shared his views on President Biden’s renomination of Jerome Powell as chairman of the Federal Reserve. Jake argued that, the given the market’s perception of Powell as less dovish than Lael Brainard, the notion of more rate ...
- The Bond Buyer – Massive Primary, Constructive Secondary Lead Yields Lower 11/09/2021
Original article by Lynne Funk and Gary Siegel
Jake Remley, Senior Portfolio Manager at Income Research + Management, shared his thoughts with The Bond Buyer about the bond market’s reaction to the release of the October PPI Index. Jake said that the rally in bond yields suggests the market may have priced in even worse ...
- The Wall Street Journal – Bond Investors Challenge Wall Street Greenwashing 11/02/2021
Original article by Matt Wirz
Kristoff Nelson, Co-Director of Credit Research at Income Research + Management, spoke about the challenges and opportunities in evaluating green bonds with The Wall Street Journal. For instance, Kristoff described how IR+M passed on investing in a sustainability bond from a power company given concerns around greenwashing. He also noted ...
- International Finance Review – CMBS supply posts quick start in fourth quarter 10/23/2021
Original article by Richard Leong
Jake Remley, Senior Portfolio Manager at Income Research + Management, shared his views on the current state of the CMBS market for International Finance Review. Jake suggested that tourism and leisure travel seem to be coming back, analyzing hotel financing and the CMBS market since the pandemic began.
Read full ...
- CNN Business – Joe Biden’s Fed conundrum: Stick with Jerome Powell or let him go? 10/21/2021
Original article by Paul La Monica
Scott Pike, Senior Portfolio Manager at Income Research + Management, shared his thoughts on the upcoming Federal Reserve Chair nomination and what the outcomes could mean for investors with CNN Business. Scott suggested that Jerome Powell is likely to be renominated, and is the current frontrunner, despite pushback form ...
- PLANSPONSOR – Market Drops in September Move DB Plan Funded Status Lower 10/20/2021
Original article by Rebecca Morre
Insights from Income Research + Management’s Funded Status Monitor were featured in a PLANSPONSOR article about the health of defined benefit plans in September. IR+M’s report illustrated how funded status waivered in September on the back of policymaking concerns, such as those around the Federal Reserve’s inflation expectations. The article ...
- MarketWatch – Wall Street isn’t quitting troubled LIBOR yet, even as new SOFR-linked debt heads for a record ahead of deadline 10/15/2021
Original article by Joy Wiltermuth
Isha Chanana, Senior Research Analyst at Income Research + Management, shared her views on the market’s move to SOFR with MarketWatch. Isha noted that while there has been an increase of swap trading volumes in SOFR as LIBOR nears discontinuation, there is also limited SOFR futures volumes. Isha also spoke ...
- The Bond Buyer – Quarter End Weakness Remains as Municipals Prepare for $11B of Supply 09/27/2021
Wesly Pate, portfolio manager at Income Research + Management, provided insights in an article for The Bond Buyer on current trends in the buy-side municipal market.
- Bloomberg: L.A. Office-Tower Vacancies Threaten CMBS Loans 09/03/2021
Original article by Adam Tempkin
Income Research + Management Senior Portfolio Manager Jake Remley shared his outlook on the commercial mortgage bond market for the rest of 2021 with Bloomberg. Jake suggested Class A office space was a strong investing play at this stage of the Covid-19 pandemic, noting that this area of the market ...
- The Bond Buyer – Light Trading Provides Little Direction: Inflow Falls To $1B 09/02/2021
Jake Remley, senior portfolio manager at Income Research + Management, provided insights in an article for Bond Buyer on the potential reappointment of Jerome Powell as Federal Reserve chairman.
- MarketWatch – August Jobs Report Emerges as Key Test for Whether U.S. Bond Yields Will Remain Lower-for-Longer 08/27/2021
Jake Remley, senior portfolio manager at Income Research + Management, provided insights in an article for MarketWatch on Federal Chairman Jerome Powell’s speech at Jackson Hole.
- Reorg – Market Participants, Muni Advocates Push for More Muni Provisions in $3.5T, and Reconciliation Bill After Failed Attempts in Covid-19, Infrastructure Legislation 08/26/2021
Wesly Pate, portfolio manager at Income Research + Management, provided insights in an article for Reorg on the impacts a federal infrastructure reform package and other policymaking decisions may have on the municipal bond market.
- Bond Buyer – Primary Bond Market: Primary the Focus; Illinois Spreads Tighten Further 08/24/2021
Jake Remley, senior portfolio manager at Income Research + Management, provided insights in an article for Bond Buyer on the Jackson Hole Economic Policy Symposium.
- International Financing Review: Aviation ABS Gives Lift to Older Planes – IFR News 07/30/2021
Jake Remley, senior portfolio manager at Income Research + Management, provided insights in an article for IFR on aircraft ABS securitizations and global travel recovery.
- Reuters: Analysis: As Fed Tiptoes Around Tapering, Investors Look to Jackson Hole Meeting For Clarity 07/29/2021
Jake Remley, senior portfolio manager at Income Research + Management, provided insights in an article for Reuters on when the Federal Reserve might provide further details on when and how it would taper its Covid-19 crisis bond purchases.
- International Financing Review: IFR – With Fed Chair Powell Set to Testify, IG Primary Keeps Churning Out Deals 07/22/2021
Ginny Schiappa, portfolio manager at Income Research + Management, provided insights in an article for IFR on high-yield deals in the primary market.
- FundFire: Pride or ‘Rainbow Washing’? Managers Promote Allyship as Scrutiny Intensifies 06/16/2021
Sue Synodis, the Chief Human Capital Officer and Co-Chair of the Office of DEI at Income Research + Management, provided insights in an article for FundFire on how the firm’s LGBTQ+ allyship and Pride Month celebrations have evolved over time.
- FundFire: Home Office Makeovers Help Asset Mgmt Staff Embrace Remote Work 06/14/2021
Sarah Spencer, business management analyst at Income Research + Management, was featured in a video produced by FundFire about asset management executives’ home office arrangements.
- Bloomberg: CMBS Investors Clamor for a Piece of a New Manhattan Skyscraper 06/11/2021
Jake Remley, senior portfolio manager at Income Research + Management, provided insights in an article for Bloomberg on the health of the mortgage bond market at this stage of the Covid-19 pandemic.
- The Real Deal: Traders Eye Fed Pullback on Mortgage Bonds 06/10/2021
Jake Remley, senior portfolio manager at Income Research + Management, provided insights in an article for The Real Deal on the state of the Federal Reserve’s mortgage bond-buying program, instituted in the early stages of the Covid-19 pandemic.
- Bloomberg: Housing Boom Fuels Bets That Fed Will Taper Mortgage Bonds First 06/10/2021
Jake Remley, senior portfolio manager at Income Research + Management, provided insights in an article for Bloomberg on the Federal Reserve’s role in the housing market.
- Reuters: U.S. Yields Drop After Fed Officials Vow Support to Keep Policy Easy for Some Time 05/24/2021
Jake Remley, senior portfolio manager at Income Research + Management, provided insights in an article for Reuters on U.S. Treasury yields and Fed tapering.
- FundFire: Loomis Exec Jumps to Fixed Income Boutique 05/07/2021
FundFire shared news of Income Research + Management hiring Ken Johnson as senior client portfolio manager and Philip Machoka as client portfolio manager.
- Financial Investment News: Income Research + Management Adds Client PMs 05/05/2021
Financial Investment News reported on Income Research + Management hiring Ken Johnson as senior client portfolio manager and Philip Machoka as client portfolio manager.
- Bloomberg: Bond Market’s Inflation Bulls Get Powell Go-Ahead to Double Down 05/01/2021
Jake Remley, senior portfolio manager at Income Research + Management, provided his stance on inflation in an article for Bloomberg.
- Bloomberg: Fix-and-Flippers Face Stiffer Competition in the Housing Market 04/30/2021
Caroline Chen, senior vice president at Income Research + Management, provided insights in an article for Bloomberg on the growingly competitive housing market.
- Pensions & Investments: Commentary: Inflation expectations vs. reality in the bond market 04/15/2021
Jake Remley, senior portfolio manager at Income Research + Management, shared his ideas in an original article for Pensions & Investments on inflation trends and potential impacts on the bond market.
- GlobalCapital: Diamond prices timeshare ABS as domestic travel prospects improve 04/14/2021
Caroline Chen, senior vice president at Income Research + Management, provided insights in an article for GlobalCapital on the Diamond Resorts and the ABS market.
- MarketWatch: Wall Street bet on financing self-employed home buyers. Will there be regrets? 03/30/2021
Caroline Chen, senior vice president at Income Research + Management, provided insights in an article for MarketWatch on non-QM loans and the current housing market.
- Bond Buyer: Munis Slightly Weaker as FOMC Doubles Down 03/17/2021
Jake Remley, senior portfolio manager at Income Research + Management, provided insights in an article for Bond Buyer on the impact of rising inflation on municipal bonds.
- Reuters: U.S. companies issue more fixed-rate debt as yields rise 03/16/2021
Jake Remley, senior portfolio manager at Income Research + Management, provided insight in an article for Reuters on rising bond yields and use of fixed coupons.
- Environmental Finance: Advancing ESG in fixed income 03/08/2021
Allison Walsh, head of ESG and corporate sustainability at Income Research + Management, expressed her opinions on the future of sustainable investing in an op-ed for Environmental Finance.
- GlobalCapital: Railcar ABS issuance surpasses 2020 volume 03/04/2021
Caroline Chen, senior vice president at Income Research + Management, provided insights in an article for GlobalCapital on the railcar securitization market.
- GlobalCapital: Innovation returns to whole biz ABS universe 02/18/2021
Caroline Chen, senior vice president at Income Research + Management, provided insights to GlobalCapital on the franchise ABS sector.
- GlobalCapital: Franchise ABS trading levels show ‘encouraging signs’ of recovery 02/17/2021
Caroline Chen, senior vice president at Income Research + Management, provided insights in an article for GlobalCapital on the recovery of franchise ABS trading.
- GlobalCapital: Buy now, ‘carry’ later: investors pile into red hot ABS market 02/04/2021
Caroline Chen, senior vice president at Income Research + Management, spoke with Jennifer Kang at GlobalCapital about the recent flurry of ABS market activity.
- Reuters: Inflation expectations ease as yields slip 01/22/2021
Jake Remley, senior portfolio manager at Income Research + Management, offered his outlook on inflation to Reuters in the wake of a recent strong auction of 10-year TIPS.
- IFR: US RMBS issuers make year-end push amid upbeat outlook for 2021 12/18/2020
Caroline Chen, senior vice president at Income Research + Management, spoke with Richard Leong at IFR about how US residential mortgage-backed issuers were working to bring supply to the market before the end of 2020.
- FIN News: Investment Management Space Celebrating Holidays With A Virtual Twist 12/17/2020
Bill O'Malley, Chief Executive Officer and Co-Chief Investment Officer of Income Research, spoke with Danielle Correa at FIN News about how employees are adapting firm traditions for the winter holidays during the Covid-19 pandemic.
- FundFire: Managers Target ‘Isolation Fatigue’ as Winter Months Approach 11/15/2020
Bill O'Malley, Chief Executive Officer and Co-Chief Investment Officer of Income Research, spoke with Dervedia Thomas at FundFire about how the firm is making sure that employees stay connected and avoid isolation fatigue as the Covid-19 pandemic continues.
- Debtwire: SFR bonds range trading, while CRTs may move higher 11/09/2020
Caroline Chen, senior vice president at Income Research, spoke with Al Yoon and Eric Homer at Debtwire about her views on the single family rental bond market rally.
- MarketWatch: Corporate debt market sees ‘relief rally’ amid uncertain U.S. election week 11/06/2020
Bill O'Neill, Senior Portfolio Manager at Income Research, spoke with Joy Wiltermuth at MarketWatch about why investment-grade corporate bonds surged as Americans waited for U.S. 2020 election results over the course of a week.
- US News & World Report: When Muni Bonds Outside Your State Make Sense 10/02/2020
Wesly Pate, Senior Portfolio Manager at Income Research, spoke with Debbie Carlson at US News and World Report about why investors should buy municipal bonds issued outside of their home states.
- IFR: Vantage Deal Signals Appetite for Tech ABS Supply 09/23/2020
Jake Remley, Senior Portfolio Manager at Income Research, spoke with Richard Leong at IFR about tech-related ABS issuance.
- FundFire: Managers Spruce Up Social Media to Stand Out 09/21/2020
Brooke Anderson, Principal and Director of Investment Product Management at Income Research, shared how the firm uses social media to connect with institutional investors in the midst of a pandemic that has kept many people working at home with FundFire.
- Debtwire: Non-QM Credit Box Almost, but Not Quite, ‘Pre-Covid’ 09/21/2020
Caroline Chen, Senior Vice President at Income Research, spoke with Al Yoon at Debtwire Municipals about non-QM loans.
- Pensions & Investments: Income Research & Management Creates Corporate Sustainability Role 09/17/2020
Allison Walsh, Senior Vice President at Income Research, was promoted to the newly created role of head of ESG and corporate sustainability by fixed-income specialist Income Research & Management on Sept. 1.
- Debtwire: Muni Portfolio Managers See Bumpy Ride Heading into Fall 09/04/2020
Wesly Pate, Senior Portfolio Manager at Income Research, spoke with Caitlin Devitt and Kathie O’Donnell at Debtwire Municipals about his fall 2020 forecast for the municipal bond market as fundamentals began to weaken in early September.
- International Financing Review: Container ABS Volumes Grow as Investors Bet on Calmer Waters 08/29/2020
Caroline Chen, Senior Vice President at Income Research, spoke with Richard Leong at International Financing Review about how and why many investors are piling into bonds backed by container leases.
- National Mortgage News: Non-Qualified Mortgages are Coming Back, but with Tighter Guidelines 08/28/2020
Caroline Chen, Senior Vice President at Income Research, spoke with Brad Finkelstein at National Mortgage News about why investors should remain leery of non-QM RMBS even as originators are coming back into the marketplace.
- The Bond Buyer: Northeast first half volume rises amid coronavirus curveball 08/21/2020
Wesly Pate, Senior portfolio manager at Income Research, spoke with Andrew Coen at Bond Buyer about municipal bond issuance for the first half of 2020.
- Bloomberg: Murky’ Mortgage Bonds See Late-Pays Soar 07/24/2020
Caroline Chen, Senior Vice President at Income Research, spoke with Adam Tempkin at Bloomberg about why fixed income investors should remain cautious about their allocations towards mortgage bonds without U.S. government guarantees.
- MarketWatch: Distress signals are flashing in U.S. commercial real estate. But will it need a TALF rescue? 05/07/2020
Jake Remley, Senior Portfolio Manager at Income Research, chatted with Joy Wiltermuth about the impact of the Fed’s stimulus on credit markets.
- IFR: Investors slow to embrace riskier ABS as primary market resumes 05/07/2020
Jake Remley, Senior Portfolio Manager at Income Research, spoke with Richard Leong at IFR about the slow return of demand for lower-rated U.S. asset-backed securities since the primary market reopened last March after a COVID-19 induced supply pause.
- Bloomberg: A Deluge of Debt 04/30/2020
Bill O’Neill, Senior Portfolio Manager at Income Research, spoke with Caleb Mutua and Jack Pitcher at Bloomberg Briefs about the record-pace borrowing taking place in the bond market.
- Bloomberg: California Bond Sale Signals Hope for Muni Market Normalcy 04/17/2020
Wesly Pate, Senior Portfolio Manager at Income Research, spoke with Danielle Moran at Bloomberg about the California sale of $1.4 billion in general obligation bonds.
- The Bond Buyer: Coronavirus causes lowest March bond volume since the 90s 03/31/2020
Wesly Pate, Portfolio Manager at Income Research, spoke with Aaron Weitzman at The Bond Buyer about municipal bond volumes in March.
- Debtwire: Bottom falls out of RMBS secondary; Devaney shows up 03/23/2020
Caroline Chen, SVP at Income Research, spoke with Al Yoon at Debtwire about bond funds and REITs facing market liquidity challenges.
- Debtwire: A Monthly Guide to US RMBS Activity 03/18/2020
Caroline Chen, Senior Vice President at Income Research, spoke with Al Yoon at Debtwire about the US “fix-and-flip” sector.
- IFR: US securitization market little moved despite stimulus 03/17/2020
Ralph Saturne, Senior Research Analyst at Income Research, was quoted in Refinitiv on issuance across securitized sectors. As the article notes, primary issuance is on pause as investors wait to see the outcomes of Federal Reserve monetary policy and fiscal packages.
- Global Capital: Fed used “most powerful tool” too soon by cutting rates, investors say 03/16/2020
Jake Remley, Senior Portfolio Manager, astutely pointed out, once the Federal Reserve cuts rates to zero, it will start to consider other fiscal and monetary measures, or potentially venture into negative rates.
- Bloomberg: What to Watch in U.S. Corporate Credit Markets This Week 03/15/2020
Bill O’Neill, Senior Portfolio Manager at Income Research, was quoted in Bloomberg providing his take on investment-grade debt.
- MarketWatch: U.S. stocks score biggest one-day gain since 2008 after Trump declares national emergency over coronavirus 03/13/2020
Jim Gubitosi, co-Chief Investment Officer at Income Research, was quoted in MarketWatch following U.S. President Donald Trump’s national emergency declaration over coronavirus.
- Debtwire: Mortgage firms, investors, keeping an eye on delinquencies as health crisis spreads 03/13/2020
Caroline Chen, Senior Portfolio Manager at Income Research, was quoted in industry publication Debtwire on the risks mortgage markets face as the health crisis affects employment.
- GlobalCapital: Fed used “most powerful tool” too soon by cutting rates, investors say 03/05/2020
As Jake Remley, Senior Portfolio Manager, astutely pointed out, once the Federal Reserve cuts rates to zero, it will start to consider other fiscal and monetary measures, or potentially venture into negative rates.
- Investment Week: Rising Stars of 2020 – Diversity Edition 03/02/2020
Ralph Saturne, Senior Research Analyst at Income Research, was named one of the rising stars of 2020 by the one of the UK’s leading investment publications, Investment Week.
- Debtwire: ABS Secondary Market Weekly: Whole Business ABS 02/03/2020
Caroline Chen, Senior Vice President at Income Research, was quoted in industry publication Debtwire on issuance in wholesale ABS.
- The Bond Buyer: Taxables bolstered issuance to start the year 01/31/2020
At the time, Wesly Pate noted that “fundamentals look appealing and technicals are still strong.” He did not foresee any issues with such high levels of supply being absorbed by the market. Assuming rates stayed low, which they have done, he foresaw the potential for up to $100 billion in taxable issuance.
- Bloomberg: What to Watch in U.S. Corporate Credit Markets This Week 01/27/2020
Jim Gubitosi, co-CIO, spoke with Caleb Matua at Bloomberg, providing his take on the corporate bond markets.
- Investments & Pensions Europe: US investment grade: A year for not living dangerously 01/02/2020
Bill O’Neill, Senior Portfolio Manager at Income Research was featured in Investment & Pensions Europe’s feature on US Investment Grade. As Bill anticipated at the time, liquidity is the wildcard.
- Bloomberg: Relentless Technical Demand for Corporates 12/13/2019
Bill O’Neill, Senior Portfolio Manager, discusses how demand from pension plans and foreign buyers is keeping spreads tight, and what could cause spreads to widen in 2020.
- Structured Credit Investor: Core Qualities 12/09/2019
Investors need to focus on strong fundamentals and underwriting standards in 2020, according to Senior Vice President and Research Analyst Caroline Chen.
- Pensions & Investments: 76 Money Managers Go Above and Beyond 12/09/2019
"This year's winners stand out for their commitment to their people and the communities in which they operate," explained P&I Editor Amy B. Resnick.
- Pensions & Investments: Attentiveness to Charity a Good Recruitment Tool 12/09/2019
Among other commitments to charity, IR+ M was recognized for offering paid time off for volunteer work, providing company grants for chosen non-profit organizations, and matching charitable donations.
- National Mortgage News: FHFA Gives Market More Time to Weigh UMBS Plan 11/19/2019
According to Senior Portfolio Manager Jake Remley, the introduction of UMBS "hasn't had much impact directly on the market."
- Pensions & Investments: IR+M Restructures Leadership Team 10/11/2019
In adopting executive titles, the two Managing Principals hope to provide transparency to the firm’s clients and consultants – and beyond that, open the door for a broader executive base.
- FundFire: $75B Fixed Income Manager Names First-Ever CEO 10/11/2019
Bill O'Malley, a 25-year veteran of the Boston-based fixed-income manager, will become the firm's first CEO effective January 1st, 2020.
- Institutional Investor: How a $75 Billion Bond Shop Plans to Stay Private 10/11/2019
By expanding its senior team and clarifying the role of executives, privately-held Boston-based Income Research and Management is publicly demonstrating its commitment to transparency.
- IFR: Servpro debut ABS draws heavy demand despite high leverage 09/18/2019
"With names where you have a lot of demonstrated history and equity in the business, you're seeing investors getting comfortable with higher leverage," said Senior Portfolio Manager Jake Remley.
- Asset Securitization Report: Campaign 2020 puts an asset class in the crosshairs 09/09/2019
“When you’re talking about forbearance and forgiveness, when you’re talking about extending maturities on loan terms, those are a lot of risks that investors can’t get their hands around,” said Principal and Senior Portfolio Manager Mike Sheldon.
- Global Capital: Investors cool on aircraft ABS as sector feels late cycle pressures 09/05/2019
According to Senior Portfolio Manager Jake Remley, investors’ search for yield has allowed the sector to price a high number of deals from new entrants and a variety of collateral types, even if the collateral is weak or untested.
- Global Capital: BAML warns against deteriorating online loan performance 08/26/2019
“With marketplace lending, we just don’t understand where debt payments might fall in the priority of the borrower,” said Senior Portfolio Jake Remley.
- Global Capital: Pet supply whole biz securitization shelved 08/16/2019
According to Senior Portfolio Manager Jake Remley, "If this recent spate of volatility across equity and other risk assets fade, you may certainly see Pet Supplies Plus come back."
- The Bond Buyer: Muni Monthly Volume Remains Wishy-Washy 07/31/2019
Portfolio Manager Wesly Pate said as a new fiscal year begins, the lack of increased issuance in June is a good tell for what the market will see in the second half of the year.
- IFR: Investors Snap Up ABS Ahead of Summer Slowdown 07/20/2019
According to Senior Portfolio Manager Jake Remley, a decline in Treasury rates means that pricing levels remain tight on an absolute basis.
- IFR: FDIC eyes regulatory roll-back to boost bank RMBS 07/19/2019
"NINJA ("no income, no job, no assets") loans are not coming back any time soon," states Senior Portfolio Manager Jake Remley.
- IFR: AIG Sells First RMBS of 2019 06/15/2019
Pricing on private-label prime jumbo RMBS issuance deals is getting tighter relative to jumbo bonds, according to Senior Portfolio Manager Jake Remley.
- Eikon: Wendy’s and Massage Envy Land Whole Biz ABS 06/13/2019
“If there’s any space in securitization that has defined tiering, it’s in whole business ABS,” said Senior Portfolio Manager Jake Remley.