TwentyFour Asset Management is set to launch a Senior Secured Bond fund for Rob Ford later this month, investing in high quality floating rate securities.
Rob Ford is one of the founding partners of the fixed income boutique and a member of the eight-strong manager team responsible for co-managing funds and bespoke portfolios with a focus on asset-backed securities. The fund will invest in a diversified portfolio of senior tier investment grade asset-backed securities, predominantly floating rate and paying coupons equivalent to the prevailing LIBOR rate plus a spread. It will aim to generate income in excess of the short-term interest rates, as well as maintaining a focus on capital preservation. A portion of the portfolio may be he...
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