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
  • 16 Jan 2017
1 Citi 22,118.13 61 9.00%
2 Barclays 20,987.41 55 8.54%
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 %
  • Last updated
  • 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 %
  • Last updated
  • 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%