Investing in Residential Mortgage-Backed Securities (RMBS)
FOR SOPHISTICATED INVESTORS ONLY
9 August 2016
John explains how residential mortgage-backed securities (RMBS) work, why they can be attractive to Australian investors and how his team assesses RMBS for potential investment. John also addresses common concerns about RMBS, explaining that Australian RMBS are very different to the US subprime RMBS that have given the asset class a bad name.
Duration: Approx 4 minutes
John Sorrell, Head of Credit
PhD Pure Maths; MA (Hons) by coursework in Pure Maths; BA (Hons) majoring in Pure Math
John joined the business in 2008 and is responsible for the Australian credit process and strategy, as well as managing portfolios for the Credit Solutions segment of the Australian fixed income offering. He also has responsibility for credit analysis for the domestic and global universe of credit including corporate issuers, mortgage- and asset-backed securities and structured products.
John has 28 years’ experience in the fixed income market including 11 years with Credit Suisse First Boston and six years with Merrill Lynch.
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