Our approach to mortgages
Investment opportunities in the mortgage market exist because various market participants have very different and, at times, opposing, objectives and goals. We believe that these can be opportunistically exploited in any market environment by an investment strategy that focuses on relative value.
Our investment process melds bottom-up insights with top-down macroeconomic context, drawing on our team's experience and strong research focused on housing and refinancing trends.
Our strategies include agency mortgage-backed securities, commercial real estate debt and asset-backed securities.