Fear of securitised products is creating opportunities, says M&G


Bond investors should seek safety in secured assets as long as the developed world remains gripped by a debt crisis, according to senior portfolio managers at M&G Investments.

Speaking at a press lunch in London on November 17, David Lloyd, head of institutional portfolio management, and senior fund manager Richard Ryan highlighted triple-A rated asset-backed securities as offering particularly good value.

According to Ryan’s calculations, triple-A rated residential mortgage-backed securities cu

To continue reading...