Asset-backed securities: Volatility, what volatility?

Looking back over the year, 2025 was a strong one for asset-backed securities (ABS) – along with a whole host of other assets.

In the ABS market, we typically see spreads move in line with other markets, which have seen tightening throughout the year as demand continues to remain robust. And we see no sign of this demand slowing.

Read the ABS chapter from our Outlook 2026:

Volatility, what volatility? by Jeremy Deacon

Download the full Outlook 2026:

Royal London Asset Managment Outlook 2026

This is a financial promotion and is not investment advice. Past performance is not a guide to future performance. The value of investments and any income from them may go down as well as up and is not guaranteed. Investors may not get back the amount invested. Portfolio characteristics and holdings are subject to change without notice. The views expressed are those of the author at the date of publication unless otherwise indicated, which are subject to change, and is not investment advice.