By Oonagh Leighton
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I think that RMBS will dominate the market Andre Pottas, Deloitte |
The market has grown rapidly from inception in 2001 and we have seen a large number of asset classes securitized, says Andre Pottas, lead partner at Deloitte. This includes two synthetic CLOs, which were among the first transactions to come to market in South Africa. That is pretty unusual.
A backdrop of economic and political stability, combined with prudential supervision, has encouraged issuers and investors to embrace the market with enthusiasm.
Since 2000 more than 6.13 billion-worth of structured finance notes has been issued in the market, making South Africa the most prolific issuer of existing ABS...