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
  • 24 Jul 2017
1 Citi 253,106.92 930 8.89%
2 JPMorgan 230,914.50 1036 8.11%
3 Bank of America Merrill Lynch 221,389.46 762 7.78%
4 Goldman Sachs 171,499.26 554 6.03%
5 Barclays 169,046.60 646 5.94%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Jul 2017
1 HSBC 27,039.93 106 7.36%
2 Deutsche Bank 25,125.19 81 6.84%
3 Bank of America Merrill Lynch 23,128.33 61 6.29%
4 BNP Paribas 19,315.94 110 5.26%
5 Credit Agricole CIB 18,706.93 106 5.09%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Jul 2017
1 JPMorgan 13,488.13 59 8.47%
2 Citi 11,496.21 73 7.22%
3 UBS 11,302.86 45 7.09%
4 Morgan Stanley 10,864.95 59 6.82%
5 Goldman Sachs 10,434.21 54 6.55%