Insurance Cos. Wade Into Higher Yielding ABS

26 Aug 2013

Insurance companies, traditionally one of the largest asset-backed securities investor segments, are focusing their purchases on subordinate ABS debt and esoteric ABS in their search for yield, according to JPMorgan analysts.

Insurance companies, traditionally one of the largest asset-backed securities investor segments, are focusing their purchases on subordinate ABS debt and esoteric ABS in their search for yield, according to JPMorgan analysts.

Researchers Ed Reardon and Kaustub Samant estimated that insurance companies have purchased 25% of all new-issue esoteric ...

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