Babson hires Gartmore's Tugnait for new UCITS HY fund

Investment manager Babson Capital Europe launching a new UCITS European high yield fund and has hired head of high yield at Gartmore, Kam Tugnait, to co-manage it. He will report to Zak Summerscale, head of loans and high yield.

  • 17 May 2011
“High yield is growing so much in size that you are seeing a lot more flows into the asset class”, said Summerscale, head of loans and high yield. “And with banks being much more reluctant to hold loans on their balance sheets, we are seeing a lot more ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 129,893.78 562 7.22%
2 Bank of America Merrill Lynch 117,313.64 530 6.52%
3 Citi 102,948.94 532 5.73%
4 Goldman Sachs 85,307.58 349 4.74%
5 Barclays 80,468.49 350 4.47%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 22,082.43 98 8.71%
2 Barclays 19,647.01 74 7.75%
3 Deutsche Bank 17,369.20 70 6.85%
4 HSBC 15,446.24 67 6.09%
5 SG Corporate & Investment Banking 14,434.81 77 5.69%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 5,335.13 43 7.91%
2 Goldman Sachs 4,721.48 37 7.00%
3 Deutsche Bank 4,563.62 43 6.77%
4 Credit Suisse 4,353.57 48 6.46%
5 Barclays 4,075.90 34 6.05%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 26,963.24 210 10.82%
2 Citi 20,901.57 165 8.39%
3 Bank of America Merrill Lynch 20,737.25 183 8.32%
4 Goldman Sachs 18,279.20 131 7.34%
5 Morgan Stanley 17,353.91 102 6.97%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Barclays 26,454.29 102 6.87%
2 HSBC 25,726.70 116 6.68%
3 Deutsche Bank 25,363.90 91 6.59%
4 Citi 23,533.28 107 6.11%
5 JPMorgan 22,896.76 127 5.95%