Fund Hunts Credit Arbitrageurs, Considers Additional Strategy

KBC Alternative Investment Management, which has USD3.7 billion under management, is expanding its credit arbitrage operations in both London and New York.

  • 07 Mar 2004
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KBC Alternative Investment Management, which has USD3.7 billion under management, is expanding its credit arbitrage operations in both London and New York. Andy Preston, managing director in London, said the firm is looking to hire 10-15 staffers, including quants, financial engineers and credit derivatives traders. The move coincides with Preston is considering launching a long/short fund on single-name credit-default swaps, which would be partly statistically driven and may add some USD40 million to the group's capacity.

"We see enormous scope for expansion of strategies in credit arbitrage," said Preston. Approximately 60% of KBC AIM's business is based on credit arb strategies.

  • 07 Mar 2004

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 Citi 22,118.13 61 9.00%
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3 JPMorgan 17,406.75 53 7.08%
4 HSBC 16,333.52 48 6.64%
5 Goldman Sachs 15,454.74 49 6.29%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
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  • 17 Jan 2017
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 %
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  • 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%