Ellington Management Group is a leading investment firm that aims to generate attractive, risk-adjusted total returns for its investors. Its core competencies include diversified credit, mortgage, and related markets, and time-honed experience developing quantitative macro and equities strategies. Ellington is also heavily invested in research and analytics, risk management, information infrastructure, and legal, compliance, and back-office functions.
Ellington’s diversified credit strategies seek to generate attractive returns through disciplined asset selection and hedging in a broad range of sectors, comprising residential mortgages, commercial mortgages, consumer debt, and corporate debt / leveraged loans.
Ellington’s Systematic Credit Strategy is a high turnover, long-short Credit strategy designed to take advantage of short-term flow-driven inefficiencies in Credit markets. Balanced portfolio construction and hedges within the same capital structure protect against idiosyncratic and market downside.
Ellington offers traditional mandate solutions, including long-only, lower risk, and index-based products for select institutional clients. It offers time-tested support for mandate-specific investment requirements, ranging from implementation of index- and duration-tracking strategies to compliance with legal, regulatory, and tax constraints.
The strategy employs time-tested, agent-based analytics to select attractive agency and non-agency mortgage derivatives, as well as agency pools with favorable prepayment characteristics.