Kroll Bond Rating Agency (KBRA) releases a recap of the SFIG conference held in Las Vegas early this week. The main takeaways are:
- The overall tone was positive, but less bullish compared to Septembers ABS East conference in Miami.
- Several investors said they felt compelled to take a defensive posture by moving up in credit, given slowing growth and with the Q4 sell-off still top of mind.
- This years conference panels were heavily weighted to technology, with an outsized focus on blockchain and artificial intelligence. There was also increased attention given to the markets transition away from Libor by the end of 2021.
To view the report, click here.
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About KBRA and KBRA Europe
KBRA is a full service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus, is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider, and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.
Brian Ford, CFA,
Structured Finance Research