Power Your Advice Episode 266 – The Untapped Power of ABS in a Modern Portfolio with Andrew Hsu
Today we talk with Andrew Hsu, founding member and Portfolio Manager at DoubleLine, about their new ETF: DABS, an ETF focused exclusively on asset-backed securities (ABS). Andrew explains why ABS are gaining attention beyond institutional investors, citing their low correlation, strong yields, and resilience. He breaks down what ABS are, how they differ from other fixed income products, and why now is the right time to make them accessible to a broader audience.
Andrew details DoubleLine’s active management strategy for DABS, which targets income and total return through diversified exposure to both consumer and commercial ABS. With a current focus on infrastructure-like assets and high-quality consumer loans, the fund is positioned to navigate a slowing economy while maintaining flexibility. He sees growing interest in ABS from new sectors and investors, and views DABS as a core building block for modern fixed income portfolios.
Resources: DoubleLine