Schroder Pitches Emerging Market Protected Fund

Schroder Investment Management has recently launched its first capital-protected product linked to its emerging market equity fund.

  • 01 Apr 2005
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Schroder Investment Management has recently launched its first capital-protected product linked to its emerging market equity fund. The structure uses an option plus a zero-coupon bond, but Richard Lloyd, head of structured investments in London, declined to name the counterparty on the deal. Schroder has strict guidelines to manage banks' hedging of options they write on its funds.

The fund manager has marketed capital-protected funds before, but this is the first one on an emerging market fund, noted Lloyd. Capital protection works well for more risky investments, such as emerging markets, he explained. Schroder is seeing increasing demand for products structured on emerging market bonds and equities and also on specific countries, including Brazil and China

  • 01 Apr 2005

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Jul 2017
1 Citi 244,235.70 910 8.87%
2 JPMorgan 223,767.95 1021 8.13%
3 Bank of America Merrill Lynch 211,276.97 750 7.68%
4 Barclays 166,062.82 634 6.03%
5 Goldman Sachs 162,877.27 537 5.92%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Jul 2017
1 HSBC 25,385.87 103 7.10%
2 Deutsche Bank 25,125.19 81 7.03%
3 Bank of America Merrill Lynch 22,023.57 59 6.16%
4 BNP Paribas 18,766.65 109 5.25%
5 Credit Agricole CIB 18,157.63 105 5.08%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Jul 2017
1 JPMorgan 12,578.87 55 8.17%
2 Citi 11,338.07 71 7.36%
3 UBS 10,682.06 44 6.93%
4 Goldman Sachs 10,419.53 53 6.76%
5 Morgan Stanley 10,194.88 57 6.62%