Auto ABS No Longer Juicy Enough For Hedge Funds

Hedge funds are cooling on auto asset-backed securities as yields even down to the junior piece of the capital structure are providing little juice.

  • 09 Mar 2011

-- Daniel O’Leary

Hedge funds are cooling on auto asset-backed securities as yields even down to the junior piece of the capital structure are providing little juice. Syndication officials have told TS hedge funds were buyers of mezzanine and junior tranches of auto ABS when spreads were wider after ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%