The information on this website is for Institutional Investors only.
Specifically, the information on these pages should not be used or relied upon by the public of Hong Kong or any other type of investor from any other jurisdiction.
We recommend that you read our ‘Terms and Conditions’ before accessing this website.
Please select the option on the right to confirm you are a Professional Investor in Hong Kong and wish to continue.
Spotlight on ABS: Market dynamics favour investors once more
Asset-backed securities (ABS) remain attractive to investors and it is not only because yield spreads have increased. UK consumer risk offers value as Brexit downsides appear to be overpriced. Resilience of deals appears strong, with robust documentation helping to reduce impairment risks, while underlying collateral defaults remain low.