Justin Mahoney is the Co-Founder and Senior Portfolio Manager at Shelter Growth Capital Partners, and Bryan Lentz is the Director of Public and Private Structured Securities at Mutual of Omaha Insurance Companies.
Bill O'Neill is Principal Senior Portfolio Manager and a member of the Investment Committee at Income Research and Management.
Margot DeMore and Milena Humplik are the co-founders and managing partners of Broad Street Consulting Group.
Today's topic is CMBS and commercial real estate. We're joined today by Jim Gubitosi, co-CIO of Income Research and Management.
Mortgages make up about 30% of the core bond market. It is a massive holding for most any insurance company, and we are going to have a very in-depth conversation today about the mortgage market.
"...what we're seeing in the way we're positioning those portfolios is core bonds are back in. They're back incrementally more in favor. And so that is certainly advantageous because you're not having to stretch quite as much today to get the exact same yields that you were just only a year or two ago."