The Tricolor Post-Mortem: What the Models Missed (And How to Cover Your Assets)
By framing the Tricolor debacle not as an unavoidable credit downturn, but as a preventable structural failure, this panel offers some actionable strategies to protect portfolios in a tightening credit environment. Join Larry Chiavaro of First Associates & a panel of market experts for a blunt, conversational look at what has actually changed in 2026 to mitigate another platform failure.

• The Tricolor Autopsy: A quick review of the collapse and an essential update on the active 2026 legal case.

• Custodial Lapses: How contract verification broke down, how double-pledging happened, and how diligence has adapted.

• Servicing Nightmares: The reality of backup servicing when an originator vanishes overnight during an active fraud investigation.

• Where We Go From Here: A look at the biggest challenges facing servicing today, followed by an open, unfiltered audience discussion.

Buy, Pass or Wait: How CLO Managers Make the New-Issue Decision

Join us during lunch to focus on how CLO investment teams evaluate new loans under compressed syndication timelines, prioritise analyst resources, and decide when pricing no longer compensates for risk.

• The Underwriting Triage: What gets immediate analyst attention, how investors approach new versus familiar issuers, and what PMs need before placing an order.

• Pricing the Order: How guidance revisions, spread and OID affect conviction, order size and the decision to pass.

• The Race Against the Clock: How syndication timelines, simultaneous deals and late-arriving information influence investment decisions and where the process could improve.

Consumer ABS Roundtable

This roundtable session offers a confidential forum to track current credit dynamics across the Consumer ABS landscape and benchmark performance assumptions including market liquidity, risk-adjusted returns across credit cards, auto loans, and unsecured personal lending.

• Macro Credit Signals: Delinquency curves, credit degradation, and subprime stress.

• Structural Resilience: Rating agency shifts and structure performance in a sustained rate environment.

• Relative Value Allocation: Risk-adjusted returns across prime vs. subprime tiers.

Residential Credit Forum – Residential Credit & Alpha Strategy

Designed as a direct precursor to Tuesday’s mortgage RMBS track, this confidential roundtable offers the chance to discuss baseline on prime, non-QM, and CRT strategies ahead of the general conference panels.

• Pre-Track Briefing: Supply-demand dynamics in the non-QM and prime residential sectors.

• Structural Protections: Prepayment speeds, extension risks, and rate volatility mitigants.

• Spread Expectations: Portfolio spread requirements and upcoming issuance structures.

Contact Suzanne to register your place at one of these roundtables: suzanne.watts@ft.com