Rating Agency Hunts For CDO Manager Analyst

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  • 04 Aug 2003
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Fitch Ratings is looking to hire someone at the associate director level to work in its collateralized debt obligation asset manager evaluation group, according to an official at the company. The hire, which would be a new role, would work on Fitch's current two-person team to analyze the collateral managers of CDOs. It comes as investors in CDOs pay more attention to the firm that's managing these deals, amid high levels of downgrades over the last few years and a gradual weeding out of weaker collateral managers. The hire would report to Said Rafat, head of the group, who was said to be out of the office last week and did not return a call. Fitch has begun to incorporate its CDO manager ratings into its overall analysis of specific deals by quantifying managers' ability (BW, 5/19). Standard & Poor's has a similar group--and is also looking to add to it (BW, 7/28).

  • 04 Aug 2003

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) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 83,931.01 244 12.94%
2 Bank of America Merrill Lynch 71,587.85 220 11.03%
3 Wells Fargo Securities 64,351.96 203 9.92%
4 JPMorgan 46,391.25 147 7.15%
5 Credit Suisse 37,323.31 115 5.75%