Rockstead, the risk and due diligence supplier to the mortgage and loans sector, did a straw poll of visitors to its exhibition stand.
It found that 37% of people they spoke to said they expected to be buying assets, 43% expected to sell and the remaining 20% thought they would hold their existing assets.
Assets included mortgage books trading across Europe – many of which are never publicly disclosed.
Activity levels for trading assets were expected to increase said 14% of those surveyed, with a further 36% expecting a “probable” increase. Only 7% expected no increase in trades.
Despite the background economic situation respondents were positive about the UK outlook with 29% of those that responded expecting the UK to see increased activity in trades, followed by 22% quoting Germany, 15% Spain and Italy 11%.
Of those who anticipated their own companies being involved in trades in the next 12 months, the type of asset coverage was wide with the majority being in the ABS, Residential Mortgage Backed Securities or Commercial Mortgage Backed Securities categories.
Brian Pitt, CEO of Rockstead, said: “Despite the on-going difficult economic situation we had positive conversations with visitors to our stand and got the impression from most delegates that they thought there would be more trading activity in the ABS sector over the next 12 months. Let’s all hope they are right.”
The majority of people who completed the survey worked in the UK (61%) with a further 25% attending from other EU countries and a good number of visitors from the US (8%).
