Managers can't create the bonds fast enough to meet demand.
AI is accelerating the decades-long growth of the internet and digital infrastructure.
The industry is dealing with tenewed competition from banks and lagging demand for private capital.
Holders of the riskiest parts of three asset-backed securities deals may see losses.
The auction house plans to securitize loans made to the wealthy, with art used as collateral.
MBS made up 45% of TCW's Metropolitan West Total Return Bond Fund's $64 billion portfolio -- its biggest holding -- as of Sept. 30.
The transaction could serve as a blueprint for other owners of media properties that are looking to borrow.
Fund managers are pouring money into asset-backed securities, bonds typically backed by bundles of consumer loans.
Spreads have widened to levels that are hard to pass up, he said.
Corporations have sold more than $58 billion of asset-backed securities supported by auto loans this year.
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