Australian fund managers still wary of securitised liquidity premiums
- Tuesday, 30 November 2010
Australian fund managers say they are relatively unconcerned about the credit quality of domestic securitised paper, but their views on pricing and liquidity are still some way from making them cost-efficient funders of wider competition in the mortgage market. And while there is some optimism about the progress the market has made in 2010 real money managers also admit there is a long way to go.
