Bringing you live news and features since 2006 

Money stack

MSIM raises over USD450m for opportunistic mortgage income strategy


Morgan Stanley Investment Management’s (MSIM) Opportunistic Mortgage Income Fund LP, a fund dedicated to investments in mortgage-related securities, held its final close with over USD450 million in capital commitments.

"The MSIM fixed income mortgage team has considerable expertise conducting security selection, analysing credit and managing risks within the complex mortgage market," says Michael Kushma, Chief Investment Officer of Morgan Stanley Investment Management Global Fixed Income. "This strong fundraising effort speaks to our track record of experience and achievement as well as to our clients’ expectations that the team will be able to exploit the current set of mortgage-related investment opportunities."

The objective of the Opportunistic Mortgage Income Fund is to maximise total return by targeting investments in a wide range of mortgage-related securities that may offer the potential for strong cash flow yields under multiple scenarios. The fund will be managed by the MSIM Global Fixed Income Group.

"We believe the USD8 trillion mortgage-backed securities market presents compelling opportunities for investors to selectively purchase residential and commercial mortgage-backed securities at attractive yields," says Sheila Huang, Head of the MSIM Mortgage Team. "The Opportunistic Mortgage Income Strategy combines a proprietary analysis of individual mortgage-backed securities with a portfolio-level hedging strategy to confidently navigate this market."


Latest News

Just the two European launches this week with Fidelity bringing us a global government bond climate aware UCITS ETF and..
Ten new ETF solutions were launched for the week, each with a distinct value proposition for investors.  Detailed below are..
U.S. Bank has announced the launch of their new ETF services in Europe, as well as their first client for..
ETF data providers ETFGI has reported that the ETFs industry in the United States gathered net inflows of USD8.17 billion..

Related Articles

ETF Awards
We are very pleased to bring you the winners in the 13th outing of the ETF Express European ETF Awards,...
Off the Record Episode 1
ETF Express is pleased to announce the launch of Off the Record, a new podcast series, in partnership with Truss...
February ETF flow figures from iShares at BlackRock reveal that inflows into global ETPs were moderate for a fifth consecutive...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by