UDC Finance benefited from a significant influx of new investors into its most recent asset-backed securities transaction – the issuer’s second public deal. While most buyers were domestic, the issuer also welcomed one new Japanese account to its book.
Two securitisation transactions printed in the week ending 16 December – one in New Zealand and the other in Australia. Two nonbank issuers also tapped the Australian public domestic market, with deals from Avanti Finance and Pepper Money. Supranational, sovereign and agency activity took a breather with just a A$100 million (US$67 million) tap from Rentenbank.
An increasing number of studies link gender diversity with sustainability ambition. In October 2022, Clean Energy Finance Corporation, the Australian Sustainable Finance Institute and KangaNews hosted senior industry leaders to examine this relationship.
Australia’s securitisation sector has been at the forefront of market developments – for good and ill – for many years, as issuersmthat depend on this form of funding have ridden liquidity crises, unprecedented market growth and now the rapid rate-hiking cycle of 2022. RBC Capital Markets and KangaNews gathered a group of securitisation leadersmto discuss the shape of their sector and its prospects.
As well as amplifying female thought leadership in the Australian and New Zealand market, the KangaNews Women in Capital Markets Yearbook aims to help connect women with peers and potential mentors by providing information on a range of active networks covering industry sectors and roles.
ANZ is taking the lead when it comes to promoting not just diversity within its organisational structure but awareness of the benefits of diversity for performance. A group of industry participants, hosted by ANZ and KangaNews, discuss how and why these advantages exist and the path to delivering them across more of the economy.