Persistent, Repeatable Strategies

SPM adheres to a rigorous investment process aimed at repeatedly identifying opportunities to generate superior risk-adjusted returns.

SPM’s target markets (Agency, non-Agency MBS) represent a large portion of the entire fixed income universe.  Mortgage prepayment and credit risk strategies are supported by the ongoing need for housing and the necessity to finance that homeownership.  Specifically, the growing Agency MBS market continues to drive opportunities against a backdrop of the ever-changing landscape of interest rates, Fed policy and home price behavior.

Robust Risk Analytics

Intensive prepayment, credit and interest rate analysis are performed by experienced research teams, and the Firm’s proprietary models are built and maintained in-house by the Modeling & Analytics team. 

The Firm’s Modeling & Analytics team and Risk Management team include seven Ph.Ds.