P&I: Ellington Management Sees Insurers Gaining Interest in Credit Strategies
"This is one of the best yield-buying opportunities we've seen within the markets in which we have invested [for] decades…We are seeing greater demand for our strategies from our clients, the vast majority of which are institutional, because of higher rates and higher spreads for fundamentally sound assets," Vranos says.
P&I: Ellington Management Sees Insurers Gaining Interest in Credit Strategies
"This is one of the best yield-buying opportunities we've seen within the markets in which we have invested [for] decades…We are seeing greater demand for our strategies from our clients, the vast majority of which are institutional, because of higher rates and higher spreads for fundamentally sound assets," Vranos says.
Insurers Pursuing Mortgages and Structured Products Eye Bank Assets
Insurers Pursuing Mortgages and Structured Products Eye Bank Assets
Banking Stress and the Commercial Real Estate Cycle
Banking Stress and the Commercial Real Estate Cycle
Ellington's Vranos Bets on '90s Trades That Brought Him Fame
Vranos eyes undervalued securities as Fed hikes rates
Ellington's Vranos Bets on '90s Trades That Brought Him Fame
Vranos eyes undervalued securities as Fed hikes rates
Moderating Housing Market Favors Single-Family Debt Over Equity
Moderating Housing Market Favors Single-Family Debt Over Equity
Ellington Urges Ditching 60/40 for CLOs, Asset-Backed Securities
As the Federal Reserve continues to tamp down rising inflation with an aggressive rate-hiking schedule, it may make sense for investors to abandon a popular guidepost for moderate investor risk.
Ellington Urges Ditching 60/40 for CLOs, Asset-Backed Securities
As the Federal Reserve continues to tamp down rising inflation with an aggressive rate-hiking schedule, it may make sense for investors to abandon a popular guidepost for moderate investor risk.
Investment Strategies for a Contractionary Monetary Environment
Investment Strategies for a Contractionary Monetary Environment
Bloomberg: Ellington Says Time to Go Bargain Hunting
Since the pandemic began, there have been fewer active managers buying less liquid types of securitized debt, creating big opportunities for bargain hunting in securities like mortgage bonds and collateralized loan obligations.
Bloomberg: Ellington Says Time to Go Bargain Hunting
Since the pandemic began, there have been fewer active managers buying less liquid types of securitized debt, creating big opportunities for bargain hunting in securities like mortgage bonds and collateralized loan obligations.
The Cycle Repeats: Post-Crisis Opportunities in Structured Credit
The Cycle Repeats: Post-Crisis Opportunities in Structured Credit
Ellington Mortgage Recovery Fund Wins ‘Private debt - Real Estate debt performance’ Category at 2021 AltCredit US Performance Awards
The AltCredit US Awards recognize the top private debt managers and credit funds as ranked by performance over the last year.
Ellington Mortgage Recovery Fund Wins ‘Private debt - Real Estate debt performance’ Category at 2021 AltCredit US Performance Awards
The AltCredit US Awards recognize the top private debt managers and credit funds as ranked by performance over the last year.
Real Vision Investor Masterclass: Michael Vranos
Lessons From The King Of Structured Credit
Real Vision Investor Masterclass: Michael Vranos
Lessons From The King Of Structured Credit
Bloomberg: Ellington Put $3B to Work Since March Crash, CEO Vranos Says
Ellington Management founder and CEO Mike Vranos explains why his firm put $3 billion to work after the market crashed in March, and why the outlook for mortgage securities and mortgage REITs presents a lot of value. He speaks with Bloomberg's Alix Steel on "Bloomberg Markets." (Source: Bloomberg)
Bloomberg: Ellington Put $3B to Work Since March Crash, CEO Vranos Says
Ellington Management founder and CEO Mike Vranos explains why his firm put $3 billion to work after the market crashed in March, and why the outlook for mortgage securities and mortgage REITs presents a lot of value. He speaks with Bloomberg's Alix Steel on "Bloomberg Markets." (Source: Bloomberg)
Wall Street’s Answer to Risks in the Loan Market: Bundle Lower-Rated Loans
A growing number of money managers are embracing a new strategy designed to benefit from volatility in junk-rated corporate loans.
Wall Street’s Answer to Risks in the Loan Market: Bundle Lower-Rated Loans
A growing number of money managers are embracing a new strategy designed to benefit from volatility in junk-rated corporate loans.
Ellington eyes secondary, mis-rated loans as it looks to bring US CLO strategy to Europe
Ellington Management is planning its inaugural European CLO in 2019 – and in doing so it w ill introduce a distinctive loan investment strategy that it first initiated in the US.
Ellington eyes secondary, mis-rated loans as it looks to bring US CLO strategy to Europe
Ellington Management is planning its inaugural European CLO in 2019 – and in doing so it w ill introduce a distinctive loan investment strategy that it first initiated in the US.
CLOs can survive defaults but it could be death by triple Cs
Covenant deterioration in the leveraged loan market has caused sleepless nights for CLO managers who worry that when defaults start to rise, recovery rates will be lower than in past downturns.
CLOs can survive defaults but it could be death by triple Cs
Covenant deterioration in the leveraged loan market has caused sleepless nights for CLO managers who worry that when defaults start to rise, recovery rates will be lower than in past downturns.
Ellington’s Vranos fears corporate liquidity crisis, likes ‘fallen angels’
Corporate borrowers could face a liquidity crisis if lenders insist on tightening covenants as interest rates rise, Michael Vranos, who oversees $6.5 billion at Ellington Management Group, said on Wednesday.
Ellington’s Vranos fears corporate liquidity crisis, likes ‘fallen angels’
Corporate borrowers could face a liquidity crisis if lenders insist on tightening covenants as interest rates rise, Michael Vranos, who oversees $6.5 billion at Ellington Management Group, said on Wednesday.
Ellington’s Vranos: Invest in people, not companies
Michael Vranos, chief executive officer of $6 billion fixed income investor Ellington Management Group, says it is much better to invest in loans taken out by individuals than by companies.
Ellington’s Vranos: Invest in people, not companies
Michael Vranos, chief executive officer of $6 billion fixed income investor Ellington Management Group, says it is much better to invest in loans taken out by individuals than by companies.
Mike Vranos at Institutional Investor’s 2017 Delivering Alpha Conference Panel: “Red flags in the credit markets?”
Bond fund managers Jeffrey Aronson, Michael Vranos, and Boaz Weinstein discuss why they think high-yield market is showing signs of a bubble.
Mike Vranos at Institutional Investor’s 2017 Delivering Alpha Conference Panel: “Red flags in the credit markets?”
Bond fund managers Jeffrey Aronson, Michael Vranos, and Boaz Weinstein discuss why they think high-yield market is showing signs of a bubble.
Look for Value in Distressed Mortgages, Lower-Rated CLOs, Ellington’s Vranos Says
Look for Value in Distressed Mortgages, Lower-Rated CLOs, Ellington’s Vranos Says
Look for Value in Distressed Mortgages, Lower-Rated CLOs, Ellington’s Vranos Says
Look for Value in Distressed Mortgages, Lower-Rated CLOs, Ellington’s Vranos Says
Bond Market Concerns Could Scuttle Paulson’s Fannie-Freddie Plan
Investors blanch at prospect of limiting government backstop
Bond Market Concerns Could Scuttle Paulson’s Fannie-Freddie Plan
Investors blanch at prospect of limiting government backstop
Banks seek clarity on risk retention capital charges
CMBS issuers in dark about how much capital to hold against risk retention exposures
Banks seek clarity on risk retention capital charges
CMBS issuers in dark about how much capital to hold against risk retention exposures
Ellington's Vranos Bets on '90s Trades That Brought Him Fame
Vranos eyes undervalued securities as Fed hikes rates
Ellington's Vranos Bets on '90s Trades That Brought Him Fame
Vranos eyes undervalued securities as Fed hikes rates
Ellington Urges Ditching 60/40 for CLOs, Asset-Backed Securities
As the Federal Reserve continues to tamp down rising inflation with an aggressive rate-hiking schedule, it may make sense for investors to abandon a popular guidepost for moderate investor risk.
Ellington Urges Ditching 60/40 for CLOs, Asset-Backed Securities
As the Federal Reserve continues to tamp down rising inflation with an aggressive rate-hiking schedule, it may make sense for investors to abandon a popular guidepost for moderate investor risk.
Ellington Mortgage Recovery Fund Wins ‘Private debt - Real Estate debt performance’ Category at 2021 AltCredit US Performance Awards
The AltCredit US Awards recognize the top private debt managers and credit funds as ranked by performance over the last year.
Ellington Mortgage Recovery Fund Wins ‘Private debt - Real Estate debt performance’ Category at 2021 AltCredit US Performance Awards
The AltCredit US Awards recognize the top private debt managers and credit funds as ranked by performance over the last year.
P&I: Ellington Management Sees Insurers Gaining Interest in Credit Strategies
"This is one of the best yield-buying opportunities we've seen within the markets in which we have invested [for] decades…We are seeing greater demand for our strategies from our clients, the vast majority of which are institutional, because of higher rates and higher spreads for fundamentally sound assets," Vranos says.
P&I: Ellington Management Sees Insurers Gaining Interest in Credit Strategies
"This is one of the best yield-buying opportunities we've seen within the markets in which we have invested [for] decades…We are seeing greater demand for our strategies from our clients, the vast majority of which are institutional, because of higher rates and higher spreads for fundamentally sound assets," Vranos says.
Bloomberg: Ellington Says Time to Go Bargain Hunting
Since the pandemic began, there have been fewer active managers buying less liquid types of securitized debt, creating big opportunities for bargain hunting in securities like mortgage bonds and collateralized loan obligations.
Bloomberg: Ellington Says Time to Go Bargain Hunting
Since the pandemic began, there have been fewer active managers buying less liquid types of securitized debt, creating big opportunities for bargain hunting in securities like mortgage bonds and collateralized loan obligations.
Bloomberg: Ellington Put $3B to Work Since March Crash, CEO Vranos Says
Ellington Management founder and CEO Mike Vranos explains why his firm put $3 billion to work after the market crashed in March, and why the outlook for mortgage securities and mortgage REITs presents a lot of value. He speaks with Bloomberg's Alix Steel on "Bloomberg Markets." (Source: Bloomberg)
Bloomberg: Ellington Put $3B to Work Since March Crash, CEO Vranos Says
Ellington Management founder and CEO Mike Vranos explains why his firm put $3 billion to work after the market crashed in March, and why the outlook for mortgage securities and mortgage REITs presents a lot of value. He speaks with Bloomberg's Alix Steel on "Bloomberg Markets." (Source: Bloomberg)
Wall Street’s Answer to Risks in the Loan Market: Bundle Lower-Rated Loans
A growing number of money managers are embracing a new strategy designed to benefit from volatility in junk-rated corporate loans.
Wall Street’s Answer to Risks in the Loan Market: Bundle Lower-Rated Loans
A growing number of money managers are embracing a new strategy designed to benefit from volatility in junk-rated corporate loans.
Ellington eyes secondary, mis-rated loans as it looks to bring US CLO strategy to Europe
Ellington Management is planning its inaugural European CLO in 2019 – and in doing so it w ill introduce a distinctive loan investment strategy that it first initiated in the US.
Ellington eyes secondary, mis-rated loans as it looks to bring US CLO strategy to Europe
Ellington Management is planning its inaugural European CLO in 2019 – and in doing so it w ill introduce a distinctive loan investment strategy that it first initiated in the US.
CLOs can survive defaults but it could be death by triple Cs
Covenant deterioration in the leveraged loan market has caused sleepless nights for CLO managers who worry that when defaults start to rise, recovery rates will be lower than in past downturns.
CLOs can survive defaults but it could be death by triple Cs
Covenant deterioration in the leveraged loan market has caused sleepless nights for CLO managers who worry that when defaults start to rise, recovery rates will be lower than in past downturns.
Ellington’s Vranos fears corporate liquidity crisis, likes ‘fallen angels’
Corporate borrowers could face a liquidity crisis if lenders insist on tightening covenants as interest rates rise, Michael Vranos, who oversees $6.5 billion at Ellington Management Group, said on Wednesday.
Ellington’s Vranos fears corporate liquidity crisis, likes ‘fallen angels’
Corporate borrowers could face a liquidity crisis if lenders insist on tightening covenants as interest rates rise, Michael Vranos, who oversees $6.5 billion at Ellington Management Group, said on Wednesday.
Ellington’s Vranos: Invest in people, not companies
Michael Vranos, chief executive officer of $6 billion fixed income investor Ellington Management Group, says it is much better to invest in loans taken out by individuals than by companies.
Ellington’s Vranos: Invest in people, not companies
Michael Vranos, chief executive officer of $6 billion fixed income investor Ellington Management Group, says it is much better to invest in loans taken out by individuals than by companies.
Mike Vranos at Institutional Investor’s 2017 Delivering Alpha Conference Panel: “Red flags in the credit markets?”
Bond fund managers Jeffrey Aronson, Michael Vranos, and Boaz Weinstein discuss why they think high-yield market is showing signs of a bubble.
Mike Vranos at Institutional Investor’s 2017 Delivering Alpha Conference Panel: “Red flags in the credit markets?”
Bond fund managers Jeffrey Aronson, Michael Vranos, and Boaz Weinstein discuss why they think high-yield market is showing signs of a bubble.
Look for Value in Distressed Mortgages, Lower-Rated CLOs, Ellington’s Vranos Says
Look for Value in Distressed Mortgages, Lower-Rated CLOs, Ellington’s Vranos Says
Look for Value in Distressed Mortgages, Lower-Rated CLOs, Ellington’s Vranos Says
Look for Value in Distressed Mortgages, Lower-Rated CLOs, Ellington’s Vranos Says
Bond Market Concerns Could Scuttle Paulson’s Fannie-Freddie Plan
Investors blanch at prospect of limiting government backstop
Bond Market Concerns Could Scuttle Paulson’s Fannie-Freddie Plan
Investors blanch at prospect of limiting government backstop
Banks seek clarity on risk retention capital charges
CMBS issuers in dark about how much capital to hold against risk retention exposures
Banks seek clarity on risk retention capital charges
CMBS issuers in dark about how much capital to hold against risk retention exposures
Insurers Pursuing Mortgages and Structured Products Eye Bank Assets
Insurers Pursuing Mortgages and Structured Products Eye Bank Assets
Banking Stress and the Commercial Real Estate Cycle
Banking Stress and the Commercial Real Estate Cycle
Moderating Housing Market Favors Single-Family Debt Over Equity
Moderating Housing Market Favors Single-Family Debt Over Equity
Amanda Shpiner
Gasthalter & Co.
ellington@gasthalter.com
(212) 257-4170
