Securitized Products Research and Strategy__OLD

Academy’s Securitized Products Research and Strategy is led by Stav Gaon, Ph.D. The research and data analytics department aims to provide unique research insights across securitized products, and serve as a trusted advisor to Academy’s institutional clients. Academy data-driven securitized research flagship publications are widely considered by the market as thought provoking, routinely highlighting “under the radar” value and opportunities. The department specializes in bottom-up deep fundamental analysis, collateral-specific underwriting, and structural, legal, and valuation nuances of structured finance investing.

Recent Pieces

2022

QT vs. Stagflation

September 19, 2022

Trader of the Year Awards

September 18, 2022

CPI, FedEx, and Economic Models

September 16, 2022

CPI

September 14, 2022

CPI's 15 Minutes of Fame

September 11, 2022

Wake Me Up When September Ends

September 5, 2022

Tilting the Scales

August 28, 2022

Orwellian Moments Abound

August 14, 2022

Things You Will Never See

August 7, 2022

Celsius 233

July 24, 2022

The Baby Needs New Shoes

July 17, 2022

Ugh!

July 10, 2022

You’re So Vain

July 3, 2022

DEFCON 2

June 19, 2022

Sunshine In My Pocket

May 30, 2022

We Laughed, We Cried

May 22, 2022

Duck and Cover

May 8, 2022

Bad to the Bone

May 1, 2022

Is the Worst Behind Us?

April 28, 2022

Welcome to Thunderdome!!!

April 17, 2022

What A Mess!

March 24, 2022

Weekend War Report

April 8, 2022

Collecting Our Thoughts

March 27, 2022

Who Needs Who

March 20, 2022

STUNNING!

March 3, 2022

Shock and Flaw?

February 25, 2022

From Worse to Awful

February 24, 2022

District 12

February 22, 2022

Post Biden – Updated Stance

February 18, 2022

Failure To Launch

January 30, 2022

The Year Changed Again

January 23, 2022

FEAR

January 6, 2022

The 2022 Outlook

January 2, 2022

2021

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Dr. Gaon draws on 20+ years of experience in securitization research. He joined Academy in early 2022 after a 16-year career at Citigroup where he worked as Co-Head of Global Securitized Products’ CMBS and CRE Strategy. Throughout his career he cultivated deep relationships with institutional investors and market participants across the industry. Dr. Gaon and his team ranked #1 or Top-3 CMBS research team in 2017-2021 in the Institutional Investor All-America Fixed-Income Research Survey. Dr. Gaon holds a PhD in Finance and Economics from Columbia Business School where his academic research focused on securitization and structured finance. Dr. Gaon also holds a BA in Economics and Business from the Hebrew University and an LL.B. from the Faculty of Law.