Skip to content

Fixed income

Senior ABS: UK RMBS market shows structural resilience

10 min read 28 Oct 20

Summary: UK residential mortgage-backed securities (RMBS) can offer high levels of structural resilience, despite challenging times for borrowers.

In the following paper, we look at the market environment, including the effects of the Financial Conduct Authority’s (FCA) mortgage payment holiday scheme, and explore how RMBS can be expected to offer enhanced protection should further economic challenges materialise.

Read more

The value of investments will fluctuate, which will cause prices to fall as well as rise and investors may not get back the original amount they invested.

LinkedIn

Twitter

The information in this site is intended for institutional investors only. No other persons may rely on the information found on this website or the materials available herein. Materials and information found on this website are not for onward distribution. The information and materials found on this website are for informational purposes only and are not an offer to sell or purchase interests in any M&G Fund. Shares in M&G Funds have not been and will not be registered under the United States Securities Act of 1933, as amended, or registered or qualified under the securities laws of any state of the United States and may not be offered, sold, transferred or delivered, directly or indirectly, to any investors within the United States or to, or for the account of, US Persons, except in certain limited circumstances pursuant to a transaction exempt from such registration or qualification requirements. The Funds will not be registered under the United States Investment Company Act of 1940, as amended. Any offer to sell or purchase of any interest in an M&G Fund must be made pursuant to local laws of the relevant jurisdiction in which such interests are offered. M&G Funds are not registered for distribution in Canada. M&G cannot accept any subscriptions into its Funds from investors resident in Canada. M&G plc, a company incorporated in England and Wales, is the direct parent company of The Prudential Assurance Company. The Prudential Assurance Company is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America or Prudential plc, an international group incorporated in the United Kingdom.