Investing

Post-crisis regulation fuels ABS valuation

ChatGPT image of ABS valuations rising
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European asset-backed securities (ABS) are trading at historically attractive levels compared to similarly-rated corporate and government bonds, paradoxically because many see these instruments in connection with the 2008 financial crisis, explained Matthew Wardle, who makes the case for investment-grade structured credit in his role as M&G’s ABS portfolio manager.
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