Duke Funding Management is part of the Ellington Group of companies. Duke Funding serves as the collateral manager for collateralized debt obligations (CDOs), investing primarily in mortgage-backed and asset-backed securities. The Ellington Group provides investment management services to pooled investment vehicles and institutional managed accounts. They analyze securities and markets using computer applications and may use derivatives to mitigate risks. Investment guidelines for CDOs are complex and found in offering documents.
Duke Funding does not directly manage investments for individual investors. They manage collateralized debt obligations (CDOs) and other pooled investment vehicles for institutional clients.