New securitisation structures emerging in Europe reflect the
market’s division into risk transfer tools and
It’s a sign of maturity for the region where,
unlike the US, the product has predominantly been used as a
source of bank funding.
"It’s interesting to see bifurcation between
securitisation as a funding tool and a risk management tool,"
said Dominic Swan, head of ABS investments with HSBC Global
Asset Management, speaking...