Pimco, PGIM say EU securitisation reform falling short
Proposals that lack ambition will fail to revitalise the region’s market, asset managers argue
The European Union risks falling short in its effort to revitalise the region’s securitisation market should it continue to lack ambition, investors have warned.
Taggart Davis, head of government affairs for Europe, the Middle East and Africa at PGIM, said a proposal from the European Commission last year felt like a “low point”.
The EC consulted on ways to aid European securitisation after reports
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