Magic Markets #127: Are You Yearning For Yield?

Episode 127 May 31, 2023 00:36:27
Magic Markets #127: Are You Yearning For Yield?
Magic Markets
Magic Markets #127: Are You Yearning For Yield?

May 31 2023 | 00:36:27

/

Show Notes

Accompanied by regular guest Dino Zuccollo, the UK team of Richard Asherson and James Lightbody joined us on Magic Markets to give us an update on the latest capital raise in the Westbrooke Yield Plus fund and take our listeners through a case study of how some of these deals are structured.

After an extraordinary pace of rate hikes by the Bank of England, the base rate in UK now offers genuinely appealing yield and this presents opportunities for the fund and for investors. Westbrooke targets a return well above the cash rate in the UK by lending in the private debt market, with the current annualised yield sitting at 9%.

To understand more about the underlying exposure, the team gave us a detailed example of the types of deals in the fund and the level of security negotiated on the loan. It demonstrates why Westbrooke can compete in a space where large commercial banks struggle to justify the structuring efforts required to optimise the risk-return profile.

For more on Westbrooke Yield Plus, visit this link (https://westbrooke.com/yield-plus/) or follow Westbrooke on LinkedIn or Twitter. Westbrooke Alternative Asset Management is an authorised Financial Services Provider, FSP number 46750.

Other Episodes

Episode 26

May 20, 2021 00:22:44
Episode Cover

Magic Markets #26: The Cure for High Prices

Inflation: the word on everyone's lips. What is causing spikes in inflation in countries like the US? Is it transitory? What does that even...

Listen

Episode 168

March 27, 2024 00:20:54
Episode Cover

Magic Markets #168: Lululemon and FedEx

FedEx and Lululemon have both been covered and recapped on Magic Markets Premium before. We love circling back and revisiting companies that we’ve researched...

Listen

Episode 91

August 31, 2022 00:30:52
Episode Cover

Magic Markets #91: Investing in Solar

In the investment equivalent of chasing the sun, we meet the team at Westbrooke responsible for the solar investment strategy. Clearly, this is an...

Listen