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
  • 16 May 2017
1 Deutsche Bank 19,381.65 47 8.82%
2 Bank of America Merrill Lynch 18,968.25 36 8.63%
3 HSBC 18,103.95 50 8.24%
4 BNP Paribas 8,911.57 55 4.05%
5 SG Corporate & Investment Banking 8,885.00 54 4.04%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 23 May 2017
1 JPMorgan 8,714.26 35 8.36%
2 UBS 8,283.47 33 7.95%
3 Goldman Sachs 7,736.57 37 7.42%
4 Citi 6,897.11 46 6.62%
5 Bank of America Merrill Lynch 6,215.31 24 5.96%