Mortgage-backed security

ALTERNATIVE LABELS
Collateralised debt obligations
NARROWER TERMS
Working paper

Forecasting mortgage securitization risk under systemic risk and parameter uncertainty

The Global Financial Crisis exposed financial institutions to severe unexpected losses in relation to mortgage securitizations and derivatives. This paper finds that risk models such as ratings are exposed to a large degree of systematic risk and parameter uncertainty.
Report

Legal considerations for superannuation investors when investing in complex financial products

Institutional investment in Australia is both highly innovative and complex. The regulatory focus – and associated literature – on institutional investment has been on the sell-side. Considerably less attention has been paid to the buy-side, that is to the institutional investors themselves. This research report...