Cap Protection Hits Euro Fund Agenda

Platinum Capital Management, a London-based hedge fund and fund-of-funds manager, is considering structuring a capital-protected variation of its most recent launch.

  • 14 Apr 2006
Email a colleague
Request a PDF

Platinum Capital Management, a London-based hedge fund and fund-of-funds manager, is considering structuring a capital-protected variation of its most recent launch. Platinum last week launched Platinum Europe Select, a special-situations European equity fund which already runs over USD3.6 billion. Craig Reeves, managing director, said Platinum distributors have asked about a capital protected version of the fund.

Reeves said nothing has yet been decided in terms of structure or counterparties, but it has had discussions internally about ways of writing protection on the fund. Constant proportion portfolio insurance is not high on its list, because of the way the strategy hedges risk by buying on the way up and selling on the way down. Variations on CPPI, or an option plus zero-coupon bond structure might be more appropriate. "Everything's possible, watch this space," said Reeves.

  • 14 Apr 2006

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 35,941.13 111 8.93%
2 Barclays 31,588.47 86 7.85%
3 JPMorgan 27,799.55 107 6.91%
4 Bank of America Merrill Lynch 27,706.86 75 6.88%
5 HSBC 21,949.38 82 5.45%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Jan 2017
1 Commerzbank Group 114.00 1 66.16%
2 CaixaBank 37.05 1 21.50%
3 UniCredit 10.62 1 6.17%
3 BNP Paribas 10.62 1 6.17%
Subtotal 172.30 3 100.00%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Jan 2017
1 SG Corporate & Investment Banking 770.06 2 16.80%
2 Goldman Sachs 656.16 2 14.32%
3 JPMorgan 527.28 4 11.50%
4 Emirates NBD PJSC 408.38 1 8.91%
5 Deutsche Bank 321.53 3 7.01%