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

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