Equity Research-Linked Structures Arrive In Asia

Merrill Lynch has launched Asian and Japanese research indexes that it is taking to investors in the form of over-the-counter structured investments.

  • 09 Feb 2007
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Merrill Lynch has launched Asian and Japanese research indexes that it is taking to investors in the form of over-the-counter structured investments. Similar structures, referencing indices based on stocks picked by in-house equity analysts, have been launched in the U.S. by Merrill and other firms (DW, 10/13). The index takes all of the buy-rated stocks from Merrill's research recommendations.

The indexes, managed entirely by research teams, are "our highest conviction stocks" according to Abhinav Gorawara, managing director of structured equity solutions.

Gorawara said that he believed that Merrill was the first to do this for Asia and Japan and has done several OTC deals on the index already, declining to disclose details.

  • 09 Feb 2007

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 358,291.38 1348 9.06%
2 JPMorgan 320,704.66 1461 8.11%
3 Bank of America Merrill Lynch 318,128.31 1104 8.04%
4 Goldman Sachs 236,643.87 789 5.98%
5 Barclays 231,197.41 895 5.84%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 35,007.57 165 6.53%
2 Deutsche Bank 34,880.53 120 6.51%
3 Bank of America Merrill Lynch 31,805.65 97 5.93%
4 BNP Paribas 27,920.60 169 5.21%
5 SG Corporate & Investment Banking 24,398.89 138 4.55%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 19,745.92 80 8.85%
2 Morgan Stanley 16,334.63 83 7.32%
3 Citi 15,972.34 95 7.16%
4 UBS 15,487.17 60 6.94%
5 Goldman Sachs 14,053.61 76 6.30%