Three years ago, Alexander Batchvarov left Hong Kong and his post as head of Asian securitization research with Merrill Lynch because there was not enough activity in the ex-Japan Asia markets to justify his continued presence.
On a return visit to the SAR, the highly respected analyst gives FinanceAsia his views on how the climate for issuance has changed and where he sees the market going in the future.
FA You left Hong Kong three years ago. At that time, how did you assess the non-Japan Asian securitization market
One of the reasons I left was because I did not expect much development in structured finance. I thought the market needed anywhere between...