All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

SocGen AT1: Asian participation low, but hedge funds and PBs still big players

Société Générale got less Asian participation than it expected for its debut additional tier one trade last week, although private banks and hedge funds still played in large sizes, taking 30% of the temporary write-down trade. The distribution statistics for the deal, released on Monday morning, showed that real money accounts took 62% — an encouraging sign for the nascent asset class.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree