Asset-Backed Securities
TwentyFour’s ABS funds cover the whole risk spectrum available, from enhanced cash to direct asset-backed lending.
Asset-Backed Securities Quarterly Update – October 2025
In our latest Asset-Backed Securities (ABS) quarterly update, Aza Teeuwen, Partner and Co-Head of ABS, explains how strong CLO issuance, robust investor demand and tightening spreads have driven a standout year for the European ABS market.
Key takeaways
- The European ABS market continued its strong momentum through Q3, with both primary and secondary trading remaining strong and defying the typical summer slowdowns.
- The European ABS market saw €65bn of transactions, bringing total issuance for 2025 to almost €160bn.
- We remain alert to macro risks, including weakening US labour data, political uncertainty in the UK and France and broader geopolitical tensions.
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