FN Marktrapporten

Explaining credit protection in securitised products
Blue Bay Asset Management

Capital preservation should be at the centre of any fixed income investment strategy. Here’s how we assess credit protection in securitised products. We are always asking ourselves the question – what will it take for our investment to be fundamentally impaired? Along with other questions, such as what is the mark-to-market risk and expected liquidity, these form the basis of our investment process