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• Asian structured credit demand grows, but fragmentation caps market depth

  Investors highlight spread pick-up and rising allocations, but warn regulatory divergence and limite...

  Buy-side participants at the FT Live ABS Asia conference last month in Hong Kong highlighted strong investor demand for structured credit across the region, alongside evolving asset preferences and persistent structural constraints limiting market de...

• SCI In Focus: Cash SRTs move further into the mainstream

  European auto lenders are increasingly using cash SRTs to combine funding and capital relief

  Cash SRT deals are becoming an increasingly mainstream funding and capital tool for European banks, as regulators, investors and issuers grow more comfortable with the structure. According to Martin Kaiser, partner and head of European securitisati...

• SCI In Focus: Brussels debates securitisation reform as insurer role sharpens

  EU policymakers face growing pressure to ease constraints on insurers and banks, with industry parti...

  The European Union’s latest attempt to revive its securitisation market is entering a decisive phase, with policymakers in Brussels weighing how far reforms should go to unlock capital and support lending to the real economy. At stake is...

• CLO spreads stay wide as uncertainty around Iran war persists

  Jolted by ongoing uncertainty following the outbreak of the Iran war, the CLO primary market contrac...

  Nearly two months after the outbreak of the Iran war the CLO primary market continues to grapple with wider liabilities that show little sign of retreating to pre-war levels. Spreads pushed out in the immediate aftermath of the war and, despite a f...

• Walls between public and private credit begin to crumble

  Majority of global investors expect integrated approach to credit within five years

  The boundaries between public and private credit are dissolving, and a majority of global LPs now expect to manage the two more integratively. The same convergence is also being seen in the structural architecture of funds themselves. Recent resear...

• US CLO momentum slows after strong start to 2026

  As the market enters Q2, cautious optimism persists, though widening spreads could shape deal flow

  The US CLO market entered 2026 with robust primary issuance and sustained momentum, but nascent signs of deceleration are emerging as credit fundamentals and macro headwinds introduce greater complexity, according to this month's market review from&a...

• SCI In Focus: Risk-based capital modernisation a catalyst for insurance CLO allocations

  New modelling proposals could improve capital efficiency for senior tranches, incentivising a strate...

  Insurance investment across CLO debt structure could be shaken up by a series of changes to how risk-based capital requirements are calculated, if new modelling proposals are accepted by regulators. Over the last four years, the National Associatio...

• Legacy barriers and securitisation reforms

  George Gooderham, counsel and Andrew Vickery, partner at Linklaters answer SCI's questions

  Linklaters has proposed new legal reforms in the EU and UK with the aim of removing legacy barriers in the securitisation markets. As part of the plan, the London-based law firm has suggested a single pan-EU legal framework for the establishment of s...

• SCI In Focus: EU securitisation reform caught in political crossfire

  Political infighting, drafting missteps and insurer tensions cloud the future of EU securitisation r...

  EU securitisation reform has become an increasingly contentious political debate marked by changing compromise proposals, technical disagreements and growing tension between member states, parliamentarians and market participants, according to SCI so...

• ABF leads the way in Q1 securitisation hires

  Inaugural SCI Analytics Quarterly Job Swaps Report reveals asset class accounted for almost half of ...

  Asset-backed finance roles accounted for almost half of Q1's securitisation hires at mid-, senior- and C-suite-level, according to data captured in the inaugural SCI Analytics Quarterly Job Swaps Report. Recruitment in the structured credit market...

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• Austrian bank loads up its SRT arsenal as capital needs rise

  SRT market update

  BAWAG Group has all but confirmed that synthetic risk transfer activity will play a central role in funding its proposed acquisition of Permanent TSB (PTSB), as the bank looks to generate additional capital while avoiding a larger dividend cut or equ...

• Two mortgage SRTs test market resilience

  SRT market update

  BBVA has executed two on-balance sheet synthetic securitisations referencing a €3bn residential mortgage portfolio, in a move that underscores continued resilience in the SRT market. The first €1.25bn transaction, completed under...

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• European auto ABS shows resilience in March despite losses and delinquencies

  Gradual credit softening meets leasing stability amid diverging national trends

  European auto ABS performance showed a mixed but still resilient profile over the 12 months to March 2026, with loan collateral softening while lease pools remained comparatively stable, KBRA reports. According to the rating agencies’ lat...

• European ABS holds firm in March as demand offsets macro volatility

  Robust technicals keep ABS stable despite shifting rate expectations

  European ABS markets saw a volatile March backdrop with asset managers pointing to remaining strong demand and resilient technicals even as geopolitical tensions and shifting rate expectations unsettle broader risk markets. TwentyFour Asset Managem...

• ABF Deal Digest: JetBlue secures US$500m facility

  A weekly roundup of private asset-backed financing activity

  This week’s roundup of private ABF activity sees JetBlue Airways secure a US$500m financing facility backed by up to 22 of its owned aircraft. Meanwhile, Marriott Vacations Worldwide has completed a US$460m term securitisation and ILOS Proj...

• Golborne launches €500m evergreen ABF fund

  Strategy focuses on making senior loans to European and UK SMEs

  Golborne Capital has launched a new evergreen ABF fund, SCI has learned. The new vehicle, which is looking to raise €300m-€500m in the near term, will make senior loans to European and UK SMEs, sources told SCI. Fundraising for...

• Banks lean on SRTs as credit outlook darkens

  Banks are increasingly using SRTs to manage rising defaults and worsening credit conditions

  Deteriorating credit conditions, rising default expectations and a more challenging phase of the credit cycle have defined market sentiment in recent months. While the&a...

• Selwood ramps up capital solutions push as European SRT pipeline widens

  Asset manager expands European SRT focus, with Italy remaining attractive amid resilient investor de...

  London-based Selwood Asset Management is increasing its focus on capital solutions strategies as it sees a growing pipeline of SRT opportunities across Europe, while continuing to view Italy as an attractive market supported by resilient inv...

• Industry groups warn EU securitisation reforms could backfire

  Brussels faces pressure to avoid securitisation reforms that could further weaken investor demand

  A coalition of financial and investor associations has urged Members of the European Parliament’s ECON Committee to rethink parts of the EU’s securitisation reform package, warning that some proposals risk choking off market recov...

• Private SRT listings rise as Vienna gains traction among European issuers

  Banks increasingly use private listings to support SRT transactions and satisfy investor requirement...

  The market for SRT-linked listings is gaining momentum, with the Vienna Multilateral Trading Facility (MTF), operated by the Vienna Stock Exchange, increasingly positioning itself as a venue of choice for privately placed credit-linked notes...

• CVC closes $1bn CLO equity fund, targets $15bn of issuance

  CVC CLO Equity IV marks a 25% increase on prior vehicle and is expected to back more than 30 new CLO...

  CVC Credit, the global credit management platform of CVC plc, has reached the final close of its CLO equity fund, CVC CLO Equity IV, with $1bn of investor commitments. The fund is expected to support approximately $15bn of global CLO issuance acros...

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• Job swaps weekly: SMBC and Mount Street hires, while departures hit UBS and CQS

  People moves and key promotions in securitisation

  This week’s roundup of securitisation job swaps sees SMBC hire a new head of lender finance in EMEA, while Mount Street Group and Benefit Street Partners make senior appointments amid a wave of promotions and notable departures across the m...

• UBS CLO veteran departs

  Viral Shah exits the US$60bn platform after over a decade

  UBS CLO veteran Viral Shah has departed the firm after over a decade, SCI has learned. London-based Shah has exited the US$60bn platform after 11 years with the firm, where he was most recently an associate portfolio manager, sources told SCI. Du...