The second annual Securitization Industry Conference, slated for Jan. 23 through 26, in Scottsdale, Arizona, will advance the overall mission of the American Securitization Forum to provide high-level, relevent and timely information as well as insight into the securitization marketplace, said ASF Executive Director George Miller.
At the investor perspectives panel, moderator Doug Murray, group managing director in structured finance at Fitch Ratings, will promote an interactive discussion, in which panelists and audience members will participate in a discussion of the positive and negative points of each constituent in the market.
Each of the audience members will have a voting box at their seats, encouraging a more interactive atmosphere in which everyone will be able to offer comprehensive views, while suggesting improvements for the market.
Moreover, Murray will continue to play on the theme of last year's panel. "Last year was the ABS report card where we looked back at the last couple of years at the constituents of the market, including issuers, the investors, bankers, rating agencies, trustees, lawyers, accountants and assessed how they had performed." said Murray.
"We can play off where we were last year and see how people have improved and if they took any of the suggestions offered into account. This is a good opportunity to have open dialogue to discuss what are the good things about the market, what are some things that need some attention. It will be a cue for the ASF to focus attention on new subcommittees, etc. - things that could continue to improve the market," he said
The second half of the panel will focus on the results of a comprehensive survey of institutional investors in the securitization markets, which is currently being conducted by the ASF.
The survey reaches out to investors to determine what they consider the major issues facing the market to be - including quality, timeliness and accessibility of disclosure, adequacy of pricing and valuation, and macro issues affecting the market going forward.
The ASF has retained Greenwich Associates, a survey research firm, to conduct the survey, the results of which will be unveiled for the first time publicly at the panel.
Panelists will include a bevy of heavy hitter investors: Debbie Cunningham, senior portfolio manager at Federated Investors; Sanjeev Handa, managing director at TIAA-CREF; Dan Stachel, principal at State Street Global Advisors; and Susan G. Troll, vice president of T. Rowe Price Associates Inc.
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