Abbey Sees Demand For Recovery Notes

  • 24 Mar 2003
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Retail clients are queuing up for products that bet on a recovery in U.K. equities, according to Mario Pytka, head of equity derivatives at Abbey National Financial Products in London. The structured notes give investors more exposure to a fall in equities in return for more participation in any growth.

For example, the firm is offering a product which gives investors double the rise in the FTSE 100 index over five years, subject to a maximum of 200% growth. This is subject, however, to the index not falling below 50% of the initial level. If that happens, Pytka explained, the product becomes a tracker fund of the FTSE 100 index. The fact that the guarantee falls away if there is a major drop in the index shows investors are not expecting the index to plummet.

  • 24 Mar 2003

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 13 Mar 2017
1 JPMorgan 94,925.33 384 8.39%
2 Citi 87,531.58 331 7.74%
3 Bank of America Merrill Lynch 84,341.49 288 7.46%
4 Barclays 75,288.19 241 6.66%
5 Goldman Sachs 68,504.71 208 6.06%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 14 Mar 2017
1 Bank of America Merrill Lynch 10,650.87 23 11.13%
2 Deutsche Bank 8,169.49 17 8.53%
3 HSBC 6,243.46 23 6.52%
4 Citi 4,355.35 13 4.55%
5 SG Corporate & Investment Banking 4,273.37 17 4.46%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Mar 2017
1 JPMorgan 5,440.56 17 10.74%
2 Deutsche Bank 4,468.97 23 8.82%
3 UBS 3,742.72 17 7.39%
4 Citi 3,393.89 23 6.70%
5 Goldman Sachs 3,360.93 18 6.63%