Though mutual fund fee securitizations have been an emerging class in the asset-backed market since the mid-1990's, it has only been in the last two years to three years in which more volume has been seen.

Sources say the sector is expected to grow even more in 2000, with the number of underwriters for mutual fund fee deals nearly doubling within the next six months and market leaders such as Constellation (see issuer profile p. 10) putting in place yearly securitization programs.

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.