Goldman Sees AI Investment Boosting Structured Finance
Companies are seeking vast amounts of capital for a wide range of artificial intelligence-linked projects, including building data centers and fiber optic networks, creating demand for funding in structured finance markets.
That's according to Goldman Sachs Group Inc. 's Steven Moffitt and John Greenwood, who run a team that finds ways to repackage debt into securities of varying risk and size, and which appeal to different types of money managers. These investors are more comfortable delving into relatively illiquid structured finance markets than traditional investors like banks, as it means they can look past plain vanilla corporate bonds and at more tailored products instead — like asset-backed securities.
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