Andrew Jackson is head of trading and portfolio management within the ABS investments team at HSBC and has been working in the industry since 1989. Prior to joining HSBC in 2002, Andrew worked as a portfolio manager at Abbey National Treasury Services, a securitisation originator, advisor and lender at Rothschild and as an auditor and consultant at Arthur Andersen. He holds a BA in Economics from Exeter University and is an Associate of the Institute of Chartered Accountants.
The sub-fund invests for long term total return in a portfolio of high yield asset backed bonds. The sub-fund's primary currency exposure is to the US dollar. The sub-fund invests (normally a minimum of 90% of its net assets) in higher yielding Asset Backed Securities and Mortgage Backed Securities including Non-Investment Grade rated and in other fixed income instruments including but not limited to corporate bonds government securities and cash. These instruments will be denominated in a range of currencies but hedged back into USD.
- United Kingdom