ABS Losing Investors Seeking Better Returns

30 Nov 2010

Investors are turning away from asset-backed securities as a lack of new issues has driven up prices and lowered yields.

Investors are turning away from asset-backed securities as a lack of new issues has driven up prices and lowered yields. One fixed-income fund manager said that as a result of low issuance, he has cut his investments in ABS from 10% of his holdings last year to just ...

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