ECM launches loan-bond fund

Wells Fargo-owned investment manager ECM Asset Management is attempting to overcome the inconsistency of dealflow in leveraged loans and high yield bonds by combining both products into one fund.

  • 05 Sep 2012

ECM has responded to reverse enquiry from its investors by launching a senior-secured fund with a target of €500m to buy sub-investment grade loans and bonds.

“We are trying to accommodate the reverse enquiry to today’s market — where in some weeks primary issuance is dominated by loan, and ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 13.43
2 Rabobank 12.61
3 Morgan Stanley 10.27
4 Barclays 7.86
5 Natwest Markets (RBS) 7.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Mar 2017
1 Bank of America Merrill Lynch 18,561.02 56 11.69%
2 Wells Fargo Securities 18,160.90 57 11.44%
3 JPMorgan 12,092.45 38 7.62%
4 Citi 11,878.92 43 7.48%
5 Credit Suisse 9,276.87 26 5.84%