The short-term and self-liquidating nature of trade and supply chain finance (#SCF) assets is attractive to asset managers looking for yield, but there is a long way to go around structuring and standardisation before investors can work buyer-approved payables into their decision-making routines.
As evidenced by the collapse of Greensill Capital and other cases where SCF has been misused, the structures need transparency to prevent and deal with cases of default.
Such instances notwithstanding, approved payables as an asset class have performed well over the past couple of tumultuous years.
Find out more about SCF assets and alternative funding sources —by watching the session “Alternative funding sources and new asset classes—convergence of asset management and SCF” at the Tallinn SCF Summit 2023. e6TV5tDX
- Jason Barrass, CCO at ARC Ratings;
- Martin Opfermann, CFA, Lead Portfolio Manager Trade Finance at Allianz Global Investors;
- Nils Behling, CAIA, COO at Tradeteq;
- Kaarel Ots, CEO at Nasdaq Tallinn Stock Exchange Baltic;
- Jim Turnbull, Deputy Director - Capital and Financial Markets Development at EBRD.