Securitized Credit Q3 2023 Outlook
Third Quarter 2023 Outlook for Securitized Credit provided by Edwin Wilches, CFA.
The underlying principles of securitized products are quite simple, and offer investors diversification relative to other fixed income sectors.
Third Quarter 2023 Outlook for Securitized Credit provided by Edwin Wilches, CFA.
This post provides a brief overview of current conditions within the CRE market, assess the implications of tighter lending conditions, and share our investment views in the current environment.
First Quarter 2023 Outlook for Securitized Credit provided by Edwin Wilches, CFA.
With the recent announcement of a major student loan forgiveness program in the U.S., we dissect the program and its implications for fixed income investors.
After a challenging first half of 2022, we see reason for optimism ahead for a variety of sectors. Listen for our top active management, relative-value ideas.
* Gross assets under management includes the reinvestment of securities lending proceeds. Assets are based on company estimates, holdings are subject to change (rounded). Values may not sum due to rounding.
** ABS includes auto lease, auto loans, sub-prime auto, credit cards, and ‘other’. ‘Other’ includes consumer related (student loans, RV, timeshare, wireless, unsecured consumer loans), commercial related (equipment, flees, floor plan, small business, SBA), corporate (rental car and railcars), structured settlement and International ABS.
Source: PGIM Fixed Income. Assets as of March 31, 2023. Staffing as of September 30, 2022.