DoubleLine Briefing: Investing in Data Center Asset-Backed Securities

PR Newswire10-29

TAMPA, Fla., Oct. 29, 2024 /PRNewswire/ -- In a new research paper, Stephan Diaz Ellinghaus, a Specialist on DoubleLine's Asset-Backed Securities (ABS) team, and Client Portfolio Manager Phil Gioia, ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2479895112?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/idNr57qeYoE.aqL0DYOLuA--~B/aD0yMTU7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/prnewswire.com/d40156c7907b61022fa499875b2b00f2","is_english":true,"pubTime":"2024-10-29 22:05","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2479895112","market":"us","top_or_hot":-1,"title":"DoubleLine Briefing: Investing in Data Center Asset-Backed Securities","media":"PR Newswire","content":"<div>\n<p>TAMPA, Fla., Oct. 29, 2024 /PRNewswire/ -- In a new research paper, Stephan Diaz Ellinghaus, a Specialist on DoubleLine's Asset-Backed Securities (ABS) team, and Client Portfolio Manager Phil Gioia, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/doubleline-briefing-investing-data-center-140500297.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DoubleLine Briefing: Investing in Data Center Asset-Backed Securities</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDoubleLine Briefing: Investing in Data Center Asset-Backed Securities\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-29 22:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/doubleline-briefing-investing-data-center-140500297.html><strong>PR Newswire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TAMPA, Fla., Oct. 29, 2024 /PRNewswire/ -- In a new research paper, Stephan Diaz Ellinghaus, a Specialist on DoubleLine's Asset-Backed Securities (ABS) team, and Client Portfolio Manager Phil Gioia, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/doubleline-briefing-investing-data-center-140500297.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DSL","symbol_name":"DoubleLine Income Solutions Fund","start_time":0,"source_url":"https://finance.yahoo.com/news/doubleline-briefing-investing-data-center-140500297.html","article_id":"2479895112","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/idNr57qeYoE.aqL0DYOLuA--~B/aD0yMTU7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/prnewswire.com/d40156c7907b61022fa499875b2b00f2"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/doubleline-briefing-investing-data-center-140500297.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2479895112","pubTimestamp":1730210700,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"TAMPA, Fla., Oct. 29, 2024 /PRNewswire/ -- In a new research paper, Stephan Diaz Ellinghaus, a Specialist on DoubleLine's Asset-Backed Securities  team, and Client Portfolio Manager Phil Gioia, CFA, find in data center ABS \"high-yielding investment opportunities with modest risk.\". Data centers provide critical infrastructure, Messrs. Diaz and Gioia write, \"to support the technologies that are now critical to people's everyday lives.\" These include emerging technologies such as machine learning, virtual reality, augmented reality and artificial intelligence as well as established ones, for example, email, messenger, streaming and social media.Securitization, the authors note, is a rapidly growing avenue for the financing of data center assets. Primary-market issuance is \"on track to hit record issuance in 2024, with more than $8 billion expected. The total data center ABS market outstanding could reach $50 billion by 2027, up from $25 billion in 2024.\"","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"DSL":"DoubleLine Income Solutions Fund"},"translate_title":"DoubleLine简报：投资数据中心资产支持证券","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DSL":0.9},"content_text":"TAMPA, Fla., Oct. 29, 2024 /PRNewswire/ -- In a new research paper, Stephan Diaz Ellinghaus, a Specialist on DoubleLine's Asset-Backed Securities (ABS) team, and Client Portfolio Manager Phil Gioia, CFA, find in data center ABS \"high-yielding investment opportunities with modest risk.\"\n\n  \n\nThe paper, \"Securitizing the Digital Present & Future: Investing in Data Center Asset-Backed Securities (ABS),\" can be accessed here: https://doubleline.com/wp-content/uploads/Securitizing-the-Digital-Present-and-Future_October-2024.pdf \nData centers provide critical infrastructure, Messrs. Diaz and Gioia write, \"to support the technologies that are now critical to people's everyday lives.\" These include emerging technologies such as machine learning, virtual reality, augmented reality and artificial intelligence as well as established ones, for example, email, messenger, streaming and social media.\nSecuritization, the authors note, is a rapidly growing avenue for the financing of data center assets. Primary-market issuance is \"on track to hit record issuance in 2024, with more than $8 billion expected. The total data center ABS market outstanding could reach $50 billion by 2027, up from $25 billion in 2024.\"\nDoubleLine, they write, is finding compelling opportunities in data center ABS throughout the capital structure. Subordinate and mezzanine tranches at present \"offer the most attractive risk-adjusted return profiles. Like the senior tranches, the subordinate tranches are generally resilient to stress cases and benefit from the same industry dynamics and sticky client base and have more attractive spread and yield.\"\nAbout the DoubleLine Asset-Backed Investment Team\nThe Asset-Backed Securities Investment team manages $5.2 billion in ABS investments as of the close of the third quarter 2024. Its seven members have worked together since 2013 and, among other professionals, call upon the additional support of 60 corporate and structured-products analysts and 21 risk analysts at DoubleLine. DoubleLine enjoys captive sourcing channels including securitizations of financings of data centers and other telecommunications infrastructure. The team has extensive experience in public and private ABS markets across the risk spectrum.\nAbout DoubleLine\nDoubleLine Capital LP is an investment adviser registered under the Investment Advisers Act of 1940. DoubleLine's offices can be reached by telephone at (813) 791-7333 or by email at info@doubleline.com. Media can reach DoubleLine by email at media@doubleline.com. DoubleLine® is a registered trademark of DoubleLine Capital LP.\nDoubleLine || 2002 North Tampa Street, Suite 200 || Tampa, FL 33602 || +1 (813) 791-7333\n View original content to download multimedia:https://www.prnewswire.com/news-releases/doubleline-briefing-investing-in-data-center-asset-backed-securities-302289914.html\nSOURCE DoubleLine","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2479895112"}