Morgan Stanley

Morgan Stanley Investment Management Raises Over $450 Million For Opportunistic Mortgage Income Strategy

Feb 22, 2012

New York —


Morgan Stanley Investment Management (MSIM) announced today that the Morgan Stanley Opportunistic Mortgage Income Fund LP, a fund dedicated to investments in mortgage-related securities, held its final close with over $450 million in capital commitments.

“The MSIM fixed income mortgage team has considerable expertise conducting security selection, analyzing credit and managing risks within the complex mortgage market,” said Michael Kushma, Chief Investment Officer of Morgan Stanley Investment Management Global Fixed Income. “This strong fundraising effort speaks to our track record of experience and achievement as well as to our clients’ expectations that the team will be able to exploit the current set of mortgage-related investment opportunities.”

The objective of the Opportunistic Mortgage Income Fund is to maximize total return by targeting investments in a wide range of mortgage-related securities that may offer the potential for strong cash flow yields under multiple scenarios. The fund will be managed by the MSIM Global Fixed Income Group.

“We believe the $8 trillion mortgage-backed securities market presents compelling opportunities for investors to selectively purchase residential and commercial mortgage-backed securities at attractive yields,” said Sheila Huang, Head of the MSIM Mortgage Team. “The Opportunistic Mortgage Income Strategy combines a proprietary analysis of individual mortgage-backed securities with a portfolio-level hedging strategy to confidently navigate this market.”

Morgan Stanley Investment Management, together with its investment advisory affiliates, has 620 investment professionals around the world and approximately $287 billion in assets under management or supervision as of December 31, 2011. MSIM strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.

Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals from more than 1,300 offices in 43 countries. For further information about Morgan Stanley, please visit

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