Fidelity Hires Derivatives Chief

Fidelity International has hired Stephen Fulford, former European head of equity derivative flow sales at Dresdner Kleinwort Wasserstein, in a new role as head of derivatives for European funds.

  • 10 Feb 2006
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Fidelity International has hired Stephen Fulford, former European head of equity derivative flow sales at Dresdner Kleinwort Wasserstein, in a new role as head of derivatives for European funds. As first reported on DW's Web site, Fulford's role will be a broad one, encompassing derivative strategies for both equity and fixed income funds.

Fidelity already uses some option and swap strategies in certain funds and although it will be building on these, it has no plans at present to launch its own credit or equity structuring business in the mould of other asset managers such as Henderson Global Investors or Schroder Investment Management. Fulford said the firm will be using derivatives in a fairly mainstream manner. "It will be a slow, steady march," he said, quipping, "We will not start a volatility or correlation trading book."

Fulford left Dresdner last year in the wake of a reorganization which sparked a string of senior departures (DW, 9/9).

  • 10 Feb 2006

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 13 Mar 2017
1 JPMorgan 94,925.33 384 8.39%
2 Citi 87,531.58 331 7.74%
3 Bank of America Merrill Lynch 84,341.49 288 7.46%
4 Barclays 75,288.19 241 6.66%
5 Goldman Sachs 68,504.71 208 6.06%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 May 2017
1 Deutsche Bank 19,381.65 47 8.82%
2 Bank of America Merrill Lynch 18,968.25 36 8.63%
3 HSBC 18,103.95 50 8.24%
4 BNP Paribas 8,911.57 55 4.05%
5 SG Corporate & Investment Banking 8,885.00 54 4.04%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 23 May 2017
1 JPMorgan 8,714.26 35 8.36%
2 UBS 8,283.47 33 7.95%
3 Goldman Sachs 7,736.57 37 7.42%
4 Citi 6,897.11 46 6.62%
5 Bank of America Merrill Lynch 6,215.31 24 5.96%