Spread tightening takes some shine off equipment ABS – investor roundtable

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By Sasha Padbidri
23 Mar 2017

Securitization pros at the Investors’ Conference on Equipment Finance in New York on Wednesday indicated that steady tightening of spreads across securitized assets is affecting the way some investors are approaching the equipment ABS sector.

Spread tightening, even for an esoteric asset class, may not always be a good thing, said participants on an institutional investor roundtable at the event.

“As an insurance company, we have a variety of portfolio needs. The first group is for short, liquid cash-like assets and the second ...

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