This panel examines the structural forces reshaping ABF at scale, including the rise of bank-manager partnerships and what they mean for deal flow and pricing power; the underwriting discipline required as eligible collateral stretches from digital infrastructure to royalties and aviation assets; how insurers are reshaping deal structure, and the opportunities emerging in Europe as securitisation gains momentum. With early warning signs appearing in some corners of the market, the session will also interrogate the central promise of the asset class: does collateral protection genuinely deliver when the cycle turns, and are institutional portfolios positioned to capture it?
