Dave Goodson, Head of Securitized, Voya Investment Management sat down with Julie Cooling, Founder & CEO, RIA Channel to talk about how investors can profit from the securitized space.
“Securitized markets are not top of mind for most fixed-income investors,” says Goodson. However the U.S. based investment pool offers shelter from global volatility and provides unique diversification.
Compared to corporate debt where the risk is defined by one company, securitized debt is “repaid from underlying sources of collateral … like credit card bills or student loans,” explains Goodson. In preparation for the eventual market cycle, Goodson places importance on understanding the consumer base, and investing with the right consumers.
Voya Investment Management offers a mutual fund, separate account, and a collective trust within securitized. Currently the firm manages $209 billion in total assets.