Strategy Conference Call

Best portfolio ideas for banks

| November 10, 2022

This document is intended for institutional investors and is not subject to all of the independence and disclosure standards applicable to debt research reports prepared for retail investors.

Wednesday, November 9, 2022, 2:00 pm EST

While banks have enjoyed tremendous loan growth so far in 2022, that growth has started to slow, potentially leaving room for more securities portfolio investment.  Capital ratio deterioration has led banks to explore strategies to reduce risk-weighted assets, a factor that is influencing securities selection.  Fear of recession and lower rates have led many banks to extend duration, including in their securities portfolios.

Join APS analysts Tom O’Hara, Brian Landy, Mary Beth Fisher, Dan Bruzzo, Caroline Chen and trader Tom Anderson for a 30-minute call to discuss APS’s best ideas in the RMBS, CMBS, Corporate, CLO and ABS sectors.

MODERATOR

Tom O’Hara, CFA, Head of Bank Strategy, Amherst Pierpont Securities

SPEAKERS

  • Brian Landy, CFA – RMBS Strategy, APS
  • Mary Beth Fisher, PhD – CMBS Strategy, APS
  • Dan Bruzzo, CFA – Corporate Bond Strategy, APS
  • Caroline Chen – CLO Strategy, APS
  • Tom Anderson – ABS Trading, APS

Conference call slides are available here.

APS Strategy Team
inquiries@apsec.com

This material is intended only for institutional investors and does not carry all of the independence and disclosure standards of retail debt research reports. In the preparation of this material, the author may have consulted or otherwise discussed the matters referenced herein with one or more of Amherst Pierpont’s trading desks, any of which may have accumulated or otherwise taken a position, long or short, in any of the financial instruments discussed in or related to this material. Further, Amherst Pierpont may act as a market maker or principal dealer, and may have proprietary interests that differ or conflict with the recipient hereof, in connection with any financial instrument discussed in or related to this material.

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