By Alastair Sewell, Manuel Arrive, and Brian Knudsen of Fitch Ratings Summary Strong Growth, Low Base: Fitch Ratings estimates that open-ended Europe-domiciled loan funds have had strong average annual growth of 50%-60% over the last five years. However, this comes from a low base: Fitch estimates total assets of just EUR40bn across all European open-ended funds at end-June 2016, with […] Read more »
Hardline Regulatory Stance On Asset-Backed Softens
By Andrew Lennox, Lead Portfolio Manager at ECM Asset Management As we have discussed regularly in our weekly pieces, many of the current proposals for the regulatory treatment of securitisation, whether it be for banks or insurance companies, are still informed by the dark days of the credit crisis when Asset Backed Securities (ABS) was […] Read more »