Asset backed trading power
Asset-backed securities allow issuers to generate more cash, which, in turn, is used for more lending, while giving investors the opportunity to invest in a wide variety of income-generating assets. According to Brian Senior, managing director, Innogy, Swindon, UK, asset-backed trading does not mean that assets come first or indeed that trading comes first. Rather, it's about a partnership between trading skills and asset management skills - and it is this partnership that will be a critical driver of value in the future.