Securitization on the up and up

Fitch reckons nothing can hold back Asia''s securitization market in 2005.

Asia's securitization market could finally be on the way to sustained issuance, according to Ben McCarthy of Fitch Ratings. Despite several false starts, a true asset-backed market is now emerging, he says, adding that 2005 will likely be the region's best ever year.

McCarthy, who was addressing a roomful of investors at Fitch's annual review of the Asian securitization and structured product markets, gave a presentation with a title that reflects the agency's positive...

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