U.S. Trust Manager Heads To Wells Capital

Mark Rasimas, portfolio manager and trader at U.S. Trust in New York, has joined Wells Capital Management. Rasimas said he will work in a similar role as an asset-backed and commercial mortgage-backed securities analyst and trader.

  • 08 Oct 2004
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Mark Rasimas, portfolio manager and trader at U.S. Trust in New York, has joined Wells Capital Management. Rasimas said he will work in a similar role as an asset-backed and commercial mortgage-backed securities analyst and trader.

Rasimas reported to Alex Powers, head of institutional fixed-income at U.S. Trust, and now reports to Marie Chandoha, senior portfolio manager and managing director at Wells Capital, which has around $120 billion under management. Rasimas has joined the Walnut Creek, Calif. group which manages $9 billion in fixed-income. Chandoha and Powers did not return calls.

Rasimas is the second such fixed-income portfolio manager to leave U.S. Trust of late. Cyril Theccanat, managing director in institutional fixed-income investment management, recently joined Houston manager Smith, Graham & Co. Asset Management as executive v.p. and managing director of fixed income (BW, 9/6).

  • 08 Oct 2004

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 6,415 22 12.84
2 Citi 5,781 17 11.57
3 BNP Paribas 3,530 14 7.06
4 Credit Suisse 2,783 8 5.57
5 Rabobank 2,633 4 5.27

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
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1 Citi 98,544.62 277 13.26%
2 Bank of America Merrill Lynch 90,698.73 264 12.20%
3 Wells Fargo Securities 70,282.48 216 9.45%
4 JPMorgan 51,967.93 167 6.99%
5 Credit Suisse 41,545.25 126 5.59%