Insights
View our latest insights
Commentary - page 2
Q4 2025 Housing Chartbook
Angel Oak’s Housing Chartbook captures a market slowly rebalancing as inventory builds and affordability edges higher. Solid borrower fundamentals and historic levels of equity remain key anchors amid rate pressure.
Read commentary
Bigger Led, Smaller Could Run: The Case for Regional Banks
After a year dominated by the biggest banks, the overlooked regionals may finally be set to rebound. With cleaner balance sheets, improving credit, and valuations near decade lows, the next leg of the cycle could belong to the smaller players.
Read commentary
2026 Financials Outlook
The U.S. banking landscape is shifting, and 2026 may be the year “boring” banks finally take center stage. Angel Oak’s 2026 Financials Outlook highlights how easing rates, a friendlier regulatory environment, and a resurgence in M&A are setting the stage for regional and community banks to outperform their larger peers.
Read commentary
Unlocking Alpha in Fixed Income: A Core-Plus Approach
Fixed income is entering a new era, and Core‑Plus strategies are leading the charge. In this whitepaper, we break down how a more flexible, research‑driven approach can tap into overlooked sectors to unlock opportunities traditional bond benchmarks miss.
Read commentary
2026 Market Outlook
As the Federal Reserve signals a dovish shift and AI-driven productivity reshapes the economy, investors face a year of volatility and opportunity. Active fixed income and securitized credit stand out, while housing and consumer trends hint at policy changes that could redefine markets. Learn more about these themes and other key developments in our 2026 Market Outlook.
Read commentary
Overlooked Risks in AAA-Rated CLOs
AAA CLOs have long been a haven for risk-averse investors, but the landscape is shifting. With additional interest rate cuts likely and geopolitical uncertainty rising, investors face the risk of lower income and price pressure. Diversifying into fixed-rate, investment-grade securitized assets could be a timely move to lock in yields and reduce risk.
Read commentary
Corporate Credit 101: A Primer on Corporate Credit
This primer examines the structure and dynamics of the U.S. corporate credit market, highlighting the performance drivers across investment-grade and high-yield debt. It emphasizes that disciplined credit selection, structural awareness, and active management are essential for generating value and mitigating risk in a tight spread environment.
Read article
The Securitized Credit Premium
Angel Oak’s Portfolio Management team explores securitized credit’s underrepresentation within retail investors’ fixed income portfolios and explains possible drivers of the securitized credit premium.
Read commentary
The M&A Rebound Is Here
After years of sluggish deal flow, bank M&A is making a strong comeback. In our latest piece, Angel Oak’s Bank team explores why 2025 may represent a turning point for consolidation and long-term value creation.
Read commentary
Angel Oak Total Return ETF: Strategy Overview Q&A
This piece answers common questions about the Angel Oak Total Return ETF, including its purpose, investment strategy, and potential role within a portfolio.
Read commentary