Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

33686

FactSet launches coverage of Danish bonds

RELATED TOPICS​

FactSet, a provider of integrated financial information, analytical applications, and industry-leading service, has launched content and analytics for Danish covered bonds across its distribution channels, including the FactSet workstation. The company is working with Scanrate, a leading provider of fixed income software, models, and data for the Danish bond market, to deliver increased coverage of the Danish market.

 
“Denmark is one of the most secure property markets in the world, and we are already seeing demand from fixed income clients looking for more flexible assets in the hunt for yield,” says Carl Cedstrand, Vice President and Regional Director, UK and Nordics, FactSet. “We are providing a unique content set thanks to our work with Scanrate, which is one of the few companies that offers such detailed coverage of the Danish bond universe.”
 
One third of the EUR553 billion Danish bond market consists of 20 to 30-year, pass-through, fixed-rate covered mortgage bonds, which have prepayment features similar to pass-through mortgage-backed securities issued in the United States. Unlike European sovereign debt and the upcoming bonds set to be issued by the European Union, which are mostly in negative yields, the AAA-rated Danish mortgage bonds still offer interesting return potentials for investors able to analyze and manage potential prepayment risk. Consequently, foreign holdings of Danish fixed rate mortgage bonds have doubled to 34 percent over the past five years.
 
The addition of Scanrate to FactSet means clients will be able to access:
reference data, prepayment history and market prices for the full range of Danish bonds; daily updated prepayment and valuation models covering all aspects of the Danish bond market; option adjusted risk measures and key rates; projected cash flow forecasts and scenario analysis; and performance attribution.
 
“The Scanrate models may be used for both end-of-day reporting and interactive analysis,” says Svend Jakobsen, CEO, Scanrate. “The full integration with FactSet tools allows you to analyse how the risk and return characteristics of Danish mortgage bonds fits into your global fixed income portfolio.”

Latest News

Amid a challenging fund-raising environment, regulatory changes and technological advancements, distribution strategy is more important..
Theta Capital has launched its fourth Theta Blockchain Ventures vehicle to invest in core blockchain..
Rabobank has completed a series of groundbreaking pilots to execute more than EUR2 billion in..

Related Articles

British pound coin
Fixed income’s return to favour following widespread interest rate rises has led to investors overcrowding sterling investment grade credit, delegates at the Pensions and Lifetime Savings Association investment conference have heard...
Fixed income’s return to favour following widespread interest rate rises has led to investors overcrowding sterling investment grade credit, delegates..
Sustainable Economy Top Panel
Europe is driving the growth in sustainable investment with global assets under management in ESG-labelled funds passing USD2.8 trillion...
Europe is driving the growth in sustainable investment with global assets under management in ESG-labelled funds passing USD2.8 trillion...
Pension funds
UK institutional investors are questioning the value of investing in private markets despite pressure from government to finance the country’s net zero and levelling up ambitions...
UK institutional investors are questioning the value of investing in private markets despite pressure from government to finance the country’s..
Juan Nozal, Mapfre Asset Management
Juan Nozal, Fixed Income Portfolio Manager at MAPFRE Asset Management, talks about the outlook for fixed income assets over 2024, in what he predicts will be an outstanding year for this asset class...
Juan Nozal, Fixed Income Portfolio Manager at MAPFRE Asset Management, talks about the outlook for fixed income assets over 2024,..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by