HY PM Leaves Morgan Stanley

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  • 16 Jun 2003
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Deanna Loughnane has left Morgan Stanley Investment Management in West Conshohocken, Pa., where she was a senior high-yield portfolio manager sharing responsibility for an estimated $5 billion junk portfolio, according to a sell-side salesman who covers the account. The reason for Loughnane's departure could not be determined and she could not be reached. The firm is looking for a replacement, according to the sell-sider. Calls to Gordon Loery, executive director and lead high-yield portfolio manager, were not returned.

The largest of the funds co-managed by Loughnane for which performance data could be determined, was the $647 million Van Kampen High Income Corporate Bond Fund. The fund, which she had co-managed since July 2001, returned -9.42% in 2002 and 13.24% year to date in 2003, according to Bloomberg data.

  • 16 Jun 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 Bank of America Merrill Lynch 57,945.74 181 12.35%
2 Citi 57,243.86 174 12.20%
3 Wells Fargo Securities 48,214.86 152 10.28%
4 JPMorgan 33,301.70 114 7.10%
5 Credit Suisse 25,010.27 80 5.33%