IOSCO aims to draw institutional investors back to ABS

12/6/2013 | Bloomberg

The International Organisation of Securities Commissions is touting the importance of the securitisation market as it tries to get insurers, pension funds and other institutional investors back into asset-backed bonds. "The focus of reviving these markets should be to build a sustainable nonbank investor base and to avoid a system where you are just recycling the credit among banks," Chairman Greg Medcraft said.

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