Finding relative value in mortgage-backed securities

This article was produced by MacKay Shields as part of their valued industry partnership to Insurance Investor. 

Mortgage-backed securities provide investors with unique and varied investment opportunities, particularly in the form of residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS).

Importantly, these asset classes have the potential to generate attractive risk-adjusted returns, especially when compared to investment-grade corporate debt.

Read more here