The Latin quarter

As the economic recovery in Latin America gathers pace, so the region’s structured product market is evolving. But European investors intending to tap into the growing domestic markets need to be cautious. Sarfraz Thind reports

pg47-keypoints-gif

Latin American structured product business has seen a huge shift in the past couple of years from the cross-border asset-backed securitisation (ABS) deals that dominated the region for a decade after the market’s inception in the early 1990s, to a domestic issuance market led by Mexico. The decline in cross-border activity – deals structured in one country but issued another country and currency – has meant fewer opportunities for foreign investors on the lookout for yield, but it

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

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

Credit risk & modelling – Special report 2021

This Risk special report provides an insight on the challenges facing banks in measuring and mitigating credit risk in the current environment, and the strategies they are deploying to adapt to a more stringent regulatory approach.

The wild world of credit models

The Covid-19 pandemic has induced a kind of schizophrenia in loan-loss models. When the pandemic hit, banks overprovisioned for credit losses on the assumption that the economy would head south. But when government stimulus packages put wads of cash in…

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.

Sign in
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