The asset-backed securities market may have hit a speed bump in the form of widening spreads lately, but panelists at a recent industry conference sponsored by Strategic Research Institute in Puerto Rico advise that growth should propel the market going ahead.

Facing wide spreads, market players at the gathering conceded it isn't the best time for companies to issue in the market if they can avoid it. "From an investing standpoint, the biggest hurdle to contend with growth is whether the issuer will want to issue in the face of spreads that are still wide," said Sanjeev Handa, managing director at TIAA-CREF.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.