COMINVEST Plans Structured Notes

COMINVEST Asset Management, the asset management arm of Commerzbank with EUR53 billion (USD65 billion) under management, will likely issue capital-protected investment products on its funds of hedge funds.

  • 27 Aug 2004
Email a colleague
Request a PDF

COMINVEST Asset Management, the asset management arm of Commerzbank with EUR53 billion (USD65 billion) under management, will likely issue capital-protected investment products on its funds of hedge funds. This is the German asset manager's first foray into alternative investments and it is working with Harcourt Investment Consulting, with EUR2.2 billion (USD2.7 billion) under investment in its own fund of funds, to create a fund of managed accounts based on the PlusFunds Group platform. Michael Vogt, manager of COMINVEST, could not be reached for comment.

Marcel Herbst, a spokesman for Harcourt, said it will work with COMINVEST to structure two or three fund of funds by the end of the year, each with a different risk-return scale. "Later, we will look at certificates on the funds and other structured products as opportunities arise," said Herbst. The products will be designed for both retail and institutional clients. "Insurance companies, for example, could be very interested in structured products on these funds," added Herbst.

 

  • 27 Aug 2004

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%