Rens Ramaekers

AEGON Asset Management

Portfolio Manager ABS

Rens Ramaekers has been a portfolio manager in the European ABS & Mortgages team since 2015. He started at Aegon Asset Management in 2014 with a traineeship in the same team. Since, Rens has been mainly focusing on the mortgages and consumer loan space. Rens holds an MSc in Quantitative Finance and Actuarial Science from Tilburg University.

Event Sessions Featuring Rens Ramaekers


Roundtable (Breakout)

Alternative Credit ‐ Round Table Discussion

London Summit 2018 - 26th March 2018

  • The 22-strong roundtable discussed various aspects of opportunities in the non-bank lending space including the opportunities in SME lending, the maturity of the market and the sustainability of some platforms' business models and the need for greater transparency.
  • Christian Gut, manager of the P2P lending Fund, said investors need to fully understand track records of managers/funds and of how loans are performing. He said it is “really hard to understand” like-for-like comparisons when platform are changing underwriting models.  “Every country and platform is doing things in different ways. The industry should decide a certain level of credit and risk that should exist across the aboard,” he said.
  • Maseco’s Matthews added that niches are well suited to alternative credit but  “you can’t throw a lot of money” at them as this would harm yields.
  • RM’s Nicholl’s said that trust in the sector could be improved by third party audits leading to more capital into the sector.
  • AltFi Data’s Fekete added that lenders are showing more and more interest in having their data assessed and compared on a like-for-like basis. That is a vital part of the maturation of the sector, he said.


Panel

Beyond investment trusts: Where's the next wave of capital going to come from?

London Summit 2018 - 26th March 2018

  • Lüth said Raisin is working on developing EFTs with passive fund giant Vanguard while Aikens said Prodigy Finance is looking at different fund structures very closely.
  • Newsome said that two forms of private debt have sprung up. First is $850bn and more mid market private equity based and the second is platform based lending being $50-100bn. He added that a type of ‘fund of platforms’ could happen soon to help the latter grow.
  • Ramaekers said Aegon are planning a long run investment in the private credit space but that it can takes a while before actually buying the first loan in a platform. “It was a year before we deployed money after first meeting Funding Circle for the first time,” he said.