The opening of China’s domestic bond market is the single biggest opportunity in the global fixed income arena today, and securitisation is likely to be among the biggest beneficiaries. Securitisation is emerging as one of the most promising asset classes in China. The country’s banks need to recycle capital more quickly and shift assets off their balance sheets, while asset owners are stepping up their search for alternative forms of funding. Add to that the arrival of foreign investors following the liberalisation of quotas last year, and the...Read more