Exotic ABS On The Rise

Investors are turning to more exotic asset-backed securities that are riskier but offer better returns.

  • 05 Apr 2011
Investors are turning to more exotic asset-backed securities that are riskier but offer better returns. ABS backed by student, automobile and credit-card loans have plunged 81% in the past year, according to Citigroup, while so-called “off-the-run” bonds backed by timber harvests, timeshare revenue and cell phone-tower lease and ...

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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) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 2,384.00 8 11.97%
2 JPMorgan 1,441.26 6 7.24%
3 Bank of America Merrill Lynch 1,369.03 6 6.87%
4 Mizuho 1,358.38 4 6.82%
5 SG Corporate & Investment Banking 1,292.64 1 6.49%