In this episode of Relative Return, host Maja Garaca Djurdjevic chats to Philip Ryan, managing director of Trilogy Funds, on the role mortgage trusts play in portfolios, particularly in a rising rate environment.
Listen as they discuss:
- The different roles for senior and subordinated debt
- Managing strategic duration in portfolios
- Exposure to builders and construction projects
- Location, location, location when buying property
- The difference between development loans and retail mum and dad loans
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