Credit Outlook London: Structured Finance

Date: 29 January 2026
Location: LSEG
Time: 08:45–13:00 GMT

Join us for Morningstar DBRS’ annual Credit Outlook London: Structured Finance event, where our expert analysts and industry leaders will explore how European securitisation markets are adapting to a shifting credit cycle and regulatory change.  

This year’s discussions will focus on the key trends shaping the 2026 outlook—from refinancing challenges and evolving asset performance to innovation in esoteric and private markets.  

A networking lunch will follow the event, providing an opportunity to connect with fellow industry participants and speakers.  

Register today to broaden your perspective and navigate 2026 with confidence.  

Add this event to your calendar

* Please note that the Chatham House Rule will apply during the event.

 

Agenda

08:45	Registration and Breakfast
09:15	Welcome and Opening Remarks
	Keith Gorman, MD, Business Development, Morningstar DBRS
09:25	2026 European Structured Finance Outlook: Drivers, Risks and Market Direction Overview of 2026 outlooks across key asset classes, highlighting the main drivers influencing credit performance, issuance trends and investor sentiment
	Christian Aufsatz (Moderator), MD, European Structured Finance Ratings, Morningstar DBRS
	Roger Bickert, VP, European RMBS & Covered Bond Ratings, Morningstar DBRS
	Miklos Halasz, VP, European ABS Ratings, Auto, Morningstar DBRS
	Mirco Iacobucci, AMD, European Commercial Real Estate Ratings, Morningstar DBRS
	Carlos Silva, SVP, Sector Lead, European Structured Credit Ratings, Morningstar DBRS
10:15	UK RMBS in a Shifting Housing Market: What Lies Ahead? How shifting interest rates, housing affordability and funding conditions are shaping the outlook for the UK housing and RMBS market in 2026.
	Ketan Thaker (Moderator), MD, European Real Estate & NPL Ratings, Morningstar DBRS
	Rehanna Sameja, SVP, Sector Lead, European RMBS and Covered Bond Ratings, Morningstar DBRS
	Stephen Hynes, Head of Securitisation, OneSavings Bank
	Peter Winning, Director, Portfolio Management Group, BlackRock
	Phil Hemsley, Head of Secured Funding, Vida Bank
	Adrian Scragg, Director of Treasury, Capital Markets and ESG, Lendco
11:00	Coffee Break and Networking
11:35	The Rise of Private Markets and Its Impact on European Structured Finance How private credit and bilateral securitisation are reshaping funding strategies, investor participation and deal structures across Europe in 2026
	Mudasar Chaudhry (Moderator), SVP, Lead, European Structured Finance Research, Morningstar DRBS
	Carlos Silva, SVP, Sector Lead, European Structured Credit Ratings, Morningstar DBRS
	Matthieu Laurence, Head of Private Financing, BNPP Asset Management
	Rajan Chandolia, Executive Director, Structuring, Pemberton
	Zhu Gong, Director, KKR
12:25	Closing Remarks, Lunch, and Networking

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Registration

Fill out the form and click Register Now. You'll receive a confirmation email from euevents@morningstar.com containing a calendar link and event details.

 

Venue

This event will take place at LSEG, 10 Paternoster Square, London EC4M 7LS.