Investment management company Ascent/Meredith Asset Management Inc. will soon open its fixed income portfolio to asset-backed securities, providing investment for a market that has yet to be tapped by most ABS portfolio managers: the super rich.

Ascent/Meredith will be purchasing asset-backeds through its subsidiary Ascent/Meredith Portfolio Management Inc., a company that manages portfolios specifically tailored for wealthy individuals.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.