Paris-based AXA IM Alts has launched an investment grade asset-backed securities fund which seeks to offer highly liquid and diversified investment product with an attractive risk-adjusted returns profile.
The fund is the most liquid offering on AXA IM Alts’ €25bn ABS platform featuring daily dealing and targeting an AA average rating credit quality portfolio through investing in investment-grade secured assets.
In addition to leveraging the market opportunities for ABS and the structural benefits of the asset class, the fund aims to provide professional investors with access to a selection of the best quality opportunities available, packaged in a highly-liquid, defensively-allocated, and alpha-generating solution.
Deborah Shire, deputy head of AXA IM Alts, said: “Through different cycles, ABS has demonstrated resilience and robustness as an asset class. This has led to growing interest and investors’ appetite for ABS solutions.
“This launch expands our offering to meet evolving investor needs. As an established player with a long heritage in managing ABS solutions, our selective, disciplined approach to investing in ABS assets will also provide our investors with substantial diversification benefits and attractive potential returns.”
