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) 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 %
  • Last updated
  • Today
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%