Peter Cecchini, director of research at Axonic Capital, was featured on Bloomberg TV on September 15 to provide valuable insights into the high yields sector, emphasizing the significance of risk-adjusted returns and the asymmetry of returns. He contrasted this perspective with Axonic’s own outlook, highlighting their skepticism about the effectiveness of the VIX, which has […]
Prior to forming Axonic in 2010, Mr. DeGiacinto was responsible for building out the mortgage investment platform at Tower Research Capital LLC and was the Senior Portfolio Manager for Split Level LLC, the predecessor fund to the Axonic Credit Opportunities Funds. He previously led a mortgage trading desk in the Fixed Income, Currency, and Commodities division at Goldman Sachs & Co. Mr. DeGiacinto’s duties included the securitization and retention of bonds backed by adjustable rate and negatively amortizing residential mortgages. He was also responsible for running the RMBS credit book for all prime, alt-A and negatively amortizing structures. Mr. DeGiacinto served as a Captain in the U.S. Army in the 25th Infantry Division (Hawaii) after completing the U.S. Army Ranger School, Airborne School and Air Assault Course. He is a graduate of the United States Military Academy at West Point and received an MBA in Finance and Statistics from the Wharton School at the University of Pennsylvania.
With rapidly rising inflation, an aggressive rate hike campaign and persistent market volatility, there used to be more certainty that the U.S. was heading toward a recession. However, conflicting economic data points are now causing some investors to question the likelihood of such an event. On episode 99 of The Julia La Roche Show, host Julia […]
Despite earlier expectations of a weaker U.S. economy and lower asset prices this year, markets are still rallying. Equity markets are approaching previous record highs from late 2021, and high-yield option-adjusted spreads are at around 400 basis points, leaving distressed debt investors uncertain about the extent of future opportunities. However, there are ongoing signs of […]
As many investors begin to predict that the U.S. Federal Reserve will achieve its goal of combatting inflation without a recession, known as a soft landing, Peter Cecchini, director of research at Axonic Capital, is not as optimistic. CNBC’s The Closing Bell recently interviewed Cecchini LIVE on Wednesday, August 9, to learn more about why he believes […]
In a testament to our commitment to staying at the forefront of the alternative investing landscape, Axonic Capital proudly engaged in an enlightening Alternative Investment Due Diligence Event this past July. The event, hosted by Axonic partner CAIS, a trailblazing fintech leader in the realm of alternative investments, drew together industry luminaries and thought leaders for […]