Asset-Backed Securities (ABS)
TwentyFour Asset Management is a specialist fixed income firm based in London and New York, and an independent operating subsidiary of Vontobel. Since inception in 2008, we have built a strong reputation for performance, expertise and innovation in the bond markets.
Our robust investment process and highly transparent products aim to generate attractive risk-adjusted returns throughout the economic cycle, with a strong focus on capital preservation.
We are fixed income specialists – it is the only asset class we invest in. All our resources and people strive to deliver the best outcomes for our clients in our chosen sector.
Our portfolio management teams cover three distinct business areas – Strategic Income, Outcome Driven and Asset-Backed Securities – working closely together to leverage expertise from across the firm for each strategy. From the beginning we built our team of investment professionals to reflect the structure of today’s fixed income market. From structuring and ratings specialists to trading and investment banking, we have people who know the bond markets inside out.
Our nimble, capacity-constrained funds are focused only on those areas of fixed income where we believe we can extract most value for our clients.
Bond markets require active management to find value. Given the sheer number of issuers, products and structural idiosyncrasies in the fixed income market, there are simply too many opportunities for extracting long-term value to leave your cash tracking an index.
Our portfolio managers dedicate themselves to ruthless bottom-up credit research, enabling them to combine high conviction relative value calls with macro-driven returns to target positive performance. Our investment team’s long and diverse experience helps to ensure a wide range of views, which we believe is essential for capturing returns and mitigating risks.
To us active management doesn’t simply mean stock-picking or ignoring indices – it means engaging with the market at every step of the investment process to try to maximize alpha for our investors.
TwentyFour portfolio managers execute their own trades, giving them critical knowledge of the market’s technical picture and makes them better positioned to maximize efficient execution. We insist on meeting the management of every credit we consider buying.
We pride ourselves on transparency and keeping investors fully informed, helping them better understand the risks as market conditions change.
We always tell our investors what we are doing, how we are doing it, and why. As active managers, we have the conviction to explain our decisions in terms our clients can understand, to help them better understand the risks and make their own investment decisions.
Our portfolio managers keep a busy schedule of face to face meetings, calls and webinars, and anyone can read our latest thoughts on the market in our popular blog.
Our people are the cornerstone of what makes TwentyFour unique and attracting and retaining the best people remains at the heart of what we do. Our team’s expertise spans a range of backgrounds and investment disciplines with the investment team having a blend of trading and asset management skills.
We believe our success is down to our strong team, who bring diverse experience and capabilities to help create what we believe to be the best opportunities for our clients. Our collaborative environment and team-based approach means we have a culture of knowledge sharing helping everyone to work towards a common goal.
Day-to-day portfolio management is the responsibility of our portfolio management team, which is drawn from both trading and portfolio management backgrounds and has over 200 years combined relevant experience.
Chairman TwentyFour Asset Management, Portfolio Manager
Chief Executive Officer TwentyFour Asset Management, Portfolio Manager
Head of US Credit Twenty Four Asset Management