Our distressed/opportunistic MBS portfolios aim to take advantage of the recent re-pricing of MBS credit risk and capture high loss adjusted returns. We place emphasis on purchasing deeply discounted securities across all mortgage sectors. Investments can be made across the credit spectrum with an emphasis on opportunities that present high loss-adjusted yields and total return opportunities. In the current market environment, we anticipate a significant portion of returns are derived from buying deeply discounted cash-flows. Our analysis is very credit intensive, rather than technical in nature. Our extensive market knowledge provides a solid foundation for comparing issuers and vintages. Our market experience also serves to establish a basis for understanding changing prepayment scenarios and loss curve assumptions given current originations, loan rates and credit trends.
Brookfield Investment Management is able to manage these portfolios customized to individual client guidelines.