Vontobel

At Vontobel, we actively shape the future. We create and pursue opportunities with determination. We master what we do – and we only do what we master. This is how we get our clients ahead.

Meet Ben

Ben Hayward

Partner, Portfolio Manager

23 years investment experience

London

TwentyFour Asset Management LLP

8th Floor, The Monument Building, 11 Monument Street

EC3R 8AF London

United Kingdom

Ben Hayward is one of the founding partners of TwentyFour Asset Management and a Portfolio Manager. He is a member of the firm’s Executive Committee, which has the overall responsibility for the day-to-day running of the business.

Ben’s main responsibility is managing the asset-backed securities (ABS) business, having launched various funds, as well as managing a number of institutional mandates. He is a member of the Investment, Risk and Product Committees.

Ben has over 23 years of fixed income portfolio management experience, having spent 9 years at Citigroup Alternative Investments, where he was responsible for managing four vehicles that invested USD 100bn across asset-backed securities and credit.

Related perspectives

TwentyFour Asset Management

TwentyFour Blog Jan 13 2021 by Ben Hayward

Where Yields Are Higher Than High Yield

At the moment CLO spreads are tightening, as they are right across credit. However, we haven’t had any CLO primary deals come to market so far in 2021, so we are operating in a bit of an informational vacuum, at which point these cross-asset class comparisons can be useful.

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TwentyFour Asset Management

White Paper Oct 26 2020 by Ben Hayward

European ABS looks mispriced and set for Q4 rally

Having fallen behind other markets in the post-COVID rally due to a lack of direct central bank support, we believe European ABS is set to outperform other parts of fixed income in the coming months as supply wanes and investors look to pick up on what we think could be a compelling relative value opportunity.

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TwentyFour Asset Management

White Paper Sep 21 2020 by Ben Hayward

How do European CLOs work?

This video explains how CLOs are structured, how the process works for investors and what protections are in place for bondholders.

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TwentyFour Asset Management

TwentyFour Blog Sep 04 2020 by Ben Hayward

Fixed vs. Floating: Where’s The Yield?

If floating vs. fixed is no longer the most pressing question, then investors should be more focused on where they get the best credit spread.

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TwentyFour Asset Management

TwentyFour Blog Apr 06 2020 by Ben Hayward

Relative Value in Investment Grade RMBS

As a manager that invests across the full spectrum of fixed income, we are constantly monitoring the relative value of the different opportunity sets that we cover. Given the fast moving prices we have witnessed recently, and with different asset classes and ratings moving at different times, this analysis can become increasingly valuable.

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TwentyFour Asset Management

TwentyFour Blog Mar 11 2020 by Ben Hayward

Italian Mortgages, Natwest and COVID-19

We noted with interest two headlines yesterday: Italy to suspend mortgage payments amid outbreak and RBS and NatWest offer mortgage breaks for customers affected by coronavirus

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