TwentyFour Income Ord

Name
TwentyFour Income Ord
Manager
TwentyFour Asset Management LLP
Type
Closed Ended Investment Company
ISIN
GG00B90J5Z95
Sector
Debt - Structured Finance
Launched
06/03/2013
OCF
1.02 %
3 Year Sharpe
0.67
Yield
5.7 %
Benchmark
Not Benchmarked
Fund Size
£ 550.14 million
NAV
113
Gearing
96
Discount Premium
-3
The investment policy is to invest in a diversified portfolio of UK and European Asset Backed Securities.The Company will maintain a Portfolio diversified by issuer, it being anticipated that the Portfolio will comprise at least 50 Asset Backed Securities at all times.
Name
TwentyFour Asset Management LLP
Address
EC3V 3ND, London, United Kingdom
Legal Structure
Closed Ended Investment Company

Managers

John Lawler
Joined 08/01/2016

John joined TwentyFour as a Portfolio Manager in the ABS team in August 2016. His main responsibilities include the firm’s public ABS funds, and a number of institutional mandates. John’s career spans 30 years in investment banking having worked for Barclays Capital in London in fixed income distribution for 23 years, covering a broad range of asset classes including a strong focus on Asset Backed Securities. More recently he was a Managing Director and Head of European ABS sales at Nomura International and prior to that held the same role at Royal Bank of Scotland.

Rob Ford
Joined 03/06/2013
Ben Hayward
Joined 03/06/2013
Eoin Walsh
Joined 03/06/2013

Eoin Walsh is a Portfolio Manager and one of the founding partners of TwentyFour AM since 2008. He is on the firm's Investment Committee, which sets the overall risk bias for the portfolios managed by the firm, and his main responsibility is managing the firm's Multi-Sector Bond team. Since 1998, Mr. Walsh has developed an expertise in fixed income markets across a variety of roles including at Citigroup Alternative Investments. Mr. Walsh graduated in Accounting & Economics from the University of Limerick.

Aza Teeuwen
Joined 03/06/2013

Aza joined TwentyFour in 2011 as a member of the portfolio management team, where his primary responsibility is the co-management of the Firm’s Monument and Dynamic Bond Funds as well as a number of bespoke portfolios for institutional clients. Before joining TwentyFour, Aza worked at IMC asset management, in Amsterdam, for 4 years. Aza worked on the structured products desk, that managed European Mezzanine ABS CDOs and funds. At IMC he was responsible for analysis, monitoring, trading and he played an active role in the portfolio management of the different mandates. Aza brings experience in predominantly Dutch, German and South European RMBS/ABS. Additionally Aza was involved in the structuring of a private transaction of a German portfolio of mortgages and consumer loans.

Douglas Charleston
Joined 03/06/2013

Doug joined TwentyFour in 2013 as a portfolio manager with primary responsibilities for the firm’s Monument Bond Fund and a number of institutional portfolios. Prior to joining TwentyFour, Doug worked as a structurer on the Capital Markets desk at Lloyds Bank covering term securitisations, warehouse facilities and whole loan transactions across Europe. Before this, Doug spent time as a primary rating analyst at Standard & Poor’s Structured Finance Division after spending four years at Nationwide where he was both a portfolio manager on the Treasury Investment desk and formerly an analyst with the Asset Backed Funding team which established the Silverstone Master Trust programme.

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