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) 3,136 9 13.58
2 Citi 2,562 6 11.09
3 Goldman Sachs 2,150 3 9.31
4 Credit Suisse 1,822 6 7.89
5 Societe Generale 1,814 4 7.86

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 41,255.30 117 12.99%
2 Bank of America Merrill Lynch 37,631.92 109 11.85%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%