Morgan Stanley Investment Management has launched an Article 8 floating rate asset backed securities fund, offering investors to credit opportunities with cashflow carry minimising the impact of interest rate changes.
Focused on minimising exposure to changes in interest rates, MS INVF Floating Rate Global Asset Backed Securities will invest in high credit quality floating rate ABS across all sectors and geographies of the securitised market, including mortgage-backed securities, commercial mortgage-backed securities, collateralized mortgage obligations, covered bonds and other investment grade investments. The fund is managed by Gregory Finck, head of securitised investing for the firm, who has worked in the securitised investment business for more than 30 years. The investment strategy for the f...
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