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babolat
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Joined: August 13th, 2003, 1:20 am

IP and Royalty Securitisations

June 15th, 2005, 10:49 pm

Does anyone have any information on these types of deals?Anything from deals done recently ratings agency methodology.thanks!
 
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exotiq
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Joined: October 13th, 2003, 3:45 pm

IP and Royalty Securitisations

June 16th, 2005, 1:57 am

See Bowie Bonds
 
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amalin
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Joined: June 2nd, 2005, 10:25 pm

IP and Royalty Securitisations

June 17th, 2005, 12:07 am

There seems to be a drop off in articles and writings about IP/Royalty Securitization after 2002. Any reason why? Any thoughts on whether or not this area has a future?
 
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exotiq
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Joined: October 13th, 2003, 3:45 pm

IP and Royalty Securitisations

June 17th, 2005, 10:57 pm

I understood the main reasons for the fall-off in interest were 1.) the largely poor results of well-publicized examples, 2.) the lack of a strong case for institutions to hold these ABSs instead of all the other investments they could be making.One could say that the case for buying an MBS, or securitization of road tolls, etc. is a natural indexing to costs than many funds have a reason to be long. Most intellectual property ABSs can be priced only about as accurately as equity, and this makes them much more like equity than more stable "fixed income" instruments. I would think that more standardization, transparency, and easier trading by individuals is ultimately what might give this area a promising future...