He joined GAM in June 2014 from specialist ABS and MBS manager Singleterry Mansley Asset Management, which he co-founded in 2008 and at which he was CEO and co-CIO. Prior to that, Mr Singleterry founded MBS specialist Singleterry & Co. in 1995, and before that, he held senior roles at Morgan Stanley, Dean Witter Reynolds, and Prudential Securities, where he founded and managed the mortgage finance group. He was a member of the committee that helped draft the real estate mortgage investment conduit legislation, and has also served on the National Advisory Council of Fannie Mae. Mr Singleterry holds an MBA from Stanford University and a BA in Applied Mathematics and Economics from Harvard University. He is based in New York.
30 May 2019Q&A: MBS Outlook in 2019
The landscape for mortgage-backed securities (MBS) has changed significantly since the subprime crisis, opening up interesting opportunities for investors. In a Q&A Tom Mansley and Gary Singleterry, specialising in MBS at GAM Investments, discuss the outlook for the market in 2019.
13 December 2018Outlook 2019: Investing in a post-peak environment
We asked a number of our fund managers to outline the post-peak environment and consider what it means for their respective asset classes in 2019.
26 September 2018The case for mortgage-backed securities
Mortgage-backed securities (MBS) make up almost a quarter of the US fixed income market; they offer a less volatile source of returns and are seeing increased levels of issuance.
Wednesday, October 18, 2017MBS: Navigating Pre-, Post- and Crises Periods
For many people, the Global Financial Crisis (GFC) has yet to ‘celebrate’ its 10th anniversary. Amid all the strenuous denials from economists, central bankers, politicians and finance officials, it can be difficult to objectively pinpoint the one single event that signalled the meltdown and mayhem.
Tuesday, August 01, 2017MBS: Size, Depth & Liquidity
With a low volatility profile and steady yield, returns from mortgage-backed securities beat other medium and high-quality fixed income securities over time. The market has had a radical reform since it took a hit during the financial crisis; those who seek a truly diversified global fixed income strategy should investigate the revised offering. Tom Mansley and Garry Singleterry explain why investors may find that the opportunity is too good to miss.
Monday, February 13, 2017Will Politics Trump Economics?
President Donald Trump has inherited an economy that is in much better shape than his predecessor did eight years ago. Nonetheless the new president has ambitious plans for his first 100 days in office. As featured on CNBC, Larry Hatheway, Chief Economist and Head of GAM Investment Solutions, considers just how much President Trump can achieve and what the likely impact on capital markets will be.
Thursday, January 26, 2017Politics, Mortgages & Trump
Market Update – US Mortgage Market, Q4 2016
Tuesday, November 01, 2016Strong House Price Support Despite Political Turmoil
Market Update – US Mortgage Market, Q3 2016
Thursday, July 28, 2016Slow and Steady Wins the Race
Market Update – US Mortgage Market, Q2 2016
Thursday, June 30, 2016Equity Mind Set for Fixed Income Success
Larry Hatheway recently moderated a discussion on subordinate debt and mortgaged-backed securities, presented by Anthony Smouha and Gary Singleterry. Both approaches offer compelling risk-adjusted returns in a world of otherwise unattractive fixed income valuations.