TAMPA,
Fla., Jan. 6, 2025 /PRNewswire/ -- In a new
research paper, DoubleLine Portfolio Manager Kunal Patel, CFA, and Analyst Alex Shvartser share DoubleLine's outlook on the
Agency mortgage-backed securities (MBS) market heading into the new
year, reviewing past performance of the asset class and performance
possibilities for Agency MBS going forward under various economic
scenarios.
The research paper, "Agency Mortgage-Backed
Securities: Thoughts From the Trading Desk," can be accessed here:
https://doubleline.com/wp-content/uploads/Agency-MBS-Thoughts-from-the-Desk_January-2025.pdf.
"As 2025 begins, there are reasons to be
cautiously optimistic about Agency MBS performance," Messrs. Patel
and Shvartser write. "Currently, Agency MBS are priced at
attractive levels in many reasonable scenarios that could take
place in the broader economy."
Kunal Patel, CFA,
is a Portfolio Manager on DoubleLine's Structured Products team.
Mr. Patel joined DoubleLine in 2016 as a Mortgage Trader
specializing in Agency RMBS and was later promoted to Portfolio
Manager in 2021. Prior to DoubleLine, he worked as a Managing
Director responsible for CMO and specified pool trading at Cantor
Fitzgerald. Prior to that, Mr. Patel worked as a CMO, ARMs and
Specified Pool Trader and Deal Structurer at Morgan Stanley, BNP
Paribas and RBS Greenwich Capital. He holds a B.A. in Economics
from Cornell University. Mr. Patel is a
CFA® charterholder.
Alex Shvartser is
an Analyst on DoubleLine's Structured Products team. Mr. Shvartser
joined DoubleLine in 2020 as an Analyst on the Agency RMBS team.
Prior to DoubleLine, he was with TCW as a Senior Vice President,
Investment Analytics. Prior to TCW, Mr. Shvartser was a
Quantitative Analyst at ICE Canyon. Prior to ICE Canyon, he was
Vice President at BlackRock in the Financial Modeling Group. Mr.
Shvartser holds a B.S. in Electrical Engineering from the
California Institute of Technology and
an M.S. in Mathematics in Finance from New
York University.
About DoubleLine
DoubleLine Capital is an investment adviser
registered under the Investment Advisers Act of 1940. DoubleLine's
offices can be reached by telephone at (813) 791-7333 or by
email at info@doubleline.com. Media can reach DoubleLine by email
at media@doubleline.com. DoubleLine® is a registered
trademark of DoubleLine Capital LP.
©2025 DoubleLine Capital LP.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/doubleline-takes-a-look-at-agency-mbs-market-heading-into-2025-302342499.html
SOURCE DoubleLine