JPMorgan Unit Launches CDO Biz

JPMorgan Asset Management is launching a collateralized debt obligation business in London.

  • 17 Jan 2006
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JPMorgan Asset Management is launching a collateralized debt obligation business and has hired Dominic Powell, former head of the CDO solutions group at Henderson Global Investors in London, to lead the charge. Dick Oswald, head of the international fixed-income group in London, said the firm views structured finance as a growth area. The focus of the new desk is to arrange and manage cash and synthetic CDOs.

Until now, in Europe JP Morgan has invested only in synthetic credit structures. Its U.S. arm, however, launched a managed high-yield and emerging-market structure two years ago and plans a cash asset-backed securities desk which will focus on cash CDOs.

Powell is currently the sole staffer on the new desk in London, but Oswald said he will look to hire additional staff once the business is underway. Powell, in an email to DW, noted he started at the company last week and reports to Tim Meumann, head of structured product portfolios in New York.

Powell left Henderson in November (DW, 11/11) after four years growing its CDO business. He oversaw the launch of a combined equity and credit structuring team (DW, 6/20/04) and most recently focused on marketing.
  • 17 Jan 2006

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 23 Jan 2017
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
  • Today
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%