Rockstead has published results from its survey carried out at the recent Brussels ABS conference.

The risk and due diligence supplier to the mortgage and loans sector was especially looking to hear from delegates that were involved in trading of assets.

The majority of people that 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%).

Activity levels for trading assets were definitely expected to increase, according to 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 that anticipated their own companies being involved in trades in the next 12 months, 37% said that they expected to be buying assets, 43% expected to sell and the remaining 20% thought they would ‘hold’ their existing assets. The type of asset coverage was wide, with the majority being in the ABS, RMBS or CMBS categories.

“We were pleased to attend this event and present our products and services to the market place,” said Brian Pitt (pictured), CEO of Rockstead.

“Despite the on-going difficult economic situation, we had really 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.”