メインコンテンツに移動

The demise of the leveraged investor

Highly leveraged vehicles have inflated demand for residential mortgage-backed securities in the past two years. Now the credit crunch has forced many to sell assets, cease investing or restructure. The outlook for the mortgage market hinges on their survival. Dippy Singh reports

The era of the highly leveraged buyer is all but over, according to one mortgage trader at a leading European investment bank. Banks and leveraged investors, which include asset-backed commercial paper (ABCP) conduits and structured investment vehicles (Sivs), have until recently accounted for 80% of buyers of RMBS, mainly buying triple-A paper, according to Merrill Lynch. But since leveraged

コンテンツを印刷またはコピーできるのは、有料の購読契約を結んでいるユーザー、または法人購読契約の一員であるユーザーのみです。

これらのオプションやその他の購読特典を利用するには、info@risk.net にお問い合わせいただくか、こちらの購読オプションをご覧ください: http://subscriptions.risk.net/subscribe

現在、このコンテンツをコピーすることはできません。詳しくはinfo@risk.netまでお問い合わせください。

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

ログイン
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here