Standard Life Searches For Income Product Provider

Standard Life Investments is looking to add an income product to its structured investments range.

  • 11 Feb 2005
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Standard Life Investments is looking to add an income product to its structured investments range. Morag Lakie, product development manager, said providers of investment structures with annual coupons seem to have disappeared from the U.K. market.

"We are keen to talk to banks that think they can offer an income product," said Lakie. But U.K. interest rates and low volatility on the FTSE100 favor growth structures over income, according to providers. Lakie however, challenged City derivatives houses to structure a deal for Standard Life.

Data from structuredretailproducts.com indicates only 2% of new issues in the GBP6 billion structured products market last year were income products. If the balance of income and growth products shifted closer to 50/50, assets invested in structured products could grow substantially, suggested Lakie.

  • 11 Feb 2005

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%