Morgan Stanley Investment Management Launches Global Mortgage Securities
LONDON -- February 5, 2013
Morgan Stanley Investment Management (MSIM) has announced the launch of the
Morgan Stanley Investment Funds (“MS INVF”) Global Mortgage Securities Fund.
The fund seeks to provide an attractive rate of return through investment in a
portfolio of mortgages and securitized debt instruments issued by government
agencies and private institutions.
Commenting on the launch, Sheila Huang, Head of the MSIM Mortgage Team, said
“The global mortgage market is a broad and dynamic landscape. Over time,
investor preferences and convictions can change due to such factors as
regulatory constraints, asset values and the availability of credit. These
changes result in dislocations in relative value and solid opportunities for
mortgage-related investments. In order to spot these opportunities as they
just begin to take shape, the fund's experienced and informed team takes a
long-term perspective and leverages its disciplined investment process and
commitment to research.”
The new fund applies a consistent, thematic, targeted bottom-up investment
approach that combines global macro fundamental analysis, thorough research
and analysis of industry trends to create a diversified portfolio of
securitised instruments. MSIM's Global Mortgage research teams seek to
identify potential value opportunities in all areas of the securitised market,
and portfolio construction takes place over three key stages – value
identification, implementation and evaluation.
Arthur Lev, Head of MSIM’s Long-Only Business, added, “Our focus is our
clients – in these difficult market conditions, our goal is to develop
products that allow clients access to diverse asset classes. The Global
Mortgage Securities fund leverages the extensive market experience of
investment professionals within the Long-Only business to help clients achieve
their investment goals.”
About Morgan Stanley
Morgan Stanley (NYSE: MS) is a leading global financial services firm
providing a wide range of investment banking, securities, investment
management and wealth management services. The Firm's employees serve clients
worldwide including corporations, governments, institutions and individuals
from more than 1,200 offices in 43 countries. For further information about
Morgan Stanley, please visit www.morganstanley.com.
Morgan Stanley Investment Management, together with its investment advisory
affiliates, has over 560 investment professionals around the world and $338
billion in assets under management or supervision as of December 31, 2012.
MSIM strives to provide outstanding long-term investment performance, service
and a comprehensive suite of investment management solutions to a diverse
client base, which includes governments, institutions, corporations and
This financial promotion was issued and approved in the UK by Morgan Stanley
Investment Management Limited, 25 Cabot Square, Canary Wharf, London E14 4QA,
authorized and regulated by the Financial Services Authority, for distribution
to Professional Clients or Eligible Counterparties only and must not be relied
upon or acted upon by Retail Clients (each as defined in the UK Financial
Services Authority’s rules).
The sub-funds of the Morgan Stanley INVF mentioned in this document are
recognized schemes pursuant to section 264 of the Financial Services and
Markets Act 2000 and as such funds can be promoted to the general public in
This communication is only intended for and will be only distributed to
persons resident in jurisdictions where such distribution or availability
would not be contrary to local laws or regulations.
Applications for shares in any Morgan Stanley INVF should not be made without
first consulting the current Prospectus, Key Investor Information Document
("KIID"), Annual Report and Semi-Annual Report (“Offering Documents”), or
other documents available in your local jurisdiction which are available free
of charge at the address above.
The document has been prepared solely for information purposes and does not
constitute an offer or a recommendation to buy or sell any particular security
or to adopt any specific investment strategy.
The material contained herein has not been based on a consideration of any
individual client circumstances and is not investment advice, nor should it be
construed in any way as tax, accounting, legal or regulatory advice. To that
end, investors should seek independent legal and financial advice, including
advice as to tax consequences, before making any investment decision.
Except as otherwise indicated herein, the views and opinions expressed herein
are those of Morgan Stanley Investment Management, are based on matters as
they exist as of the date of preparation and not as of any future date, and
will not be updated or otherwise revised to reflect information that
subsequently becomes available or circumstances existing, or changes
occurring, after the date hereof.
This communication is a marketing communication. It is not a product of Morgan
Stanley’s Research Department and should not be regarded as a research
recommendation. The information contained herein has not been prepared in
accordance with legal requirements designed to promote the independence of
investment research and is not subject to any prohibition on dealing ahead of
the dissemination of investment research.
All information contained herein is proprietary and is protected under
Past performance is not a guarantee of future performance.
The value of the investments and the income from them can go down as well as
up and an investor may not get back the amount invested. There can be no
assurance that the Fund will achieve its investment objectives.
Tom Walton, +44 20 7425 5658
Press spacebar to pause and continue. Press esc to stop.