Commerzbank Starts Fund With Low Correlation

Commerzbank Securities has launched a fund of hedge funds aimed at institutional fixed income investors seeking an alternative product with low correlation to their existing holdings.

  • 01 Oct 2004
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Commerzbank Securities has launched a fund of hedge funds aimed at institutional fixed income investors seeking an alternative product with low correlation to their existing holdings. The fund was initiated by a specific request from one investor "who wanted a product that had...as little correlation to their existing bond portfolio as possible," said Philippe Bonnefoy, investment advisor for the firm's alternative investment strategies. The Comas Gateway Fund has been launched with around $20 million from this investor and will be capped at $150 million, he continued. The initial investor will further add to its allocation, having spoken for $50 million of the total capacity.

  • 01 Oct 2004

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 20,817.74 56 8.80%
2 Citi 20,610.84 51 8.72%
3 Barclays 16,808.93 39 7.11%
4 HSBC 16,223.20 45 6.86%
5 BNP Paribas 14,082.74 30 5.95%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 56,371.71 236 6.79%
2 Credit Agricole CIB 50,115.87 240 6.03%
3 JPMorgan 46,785.38 108 5.63%
4 UniCredit 45,665.76 207 5.50%
5 SG Corporate & Investment Banking 43,321.52 173 5.21%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 114.77 1 17.52%
1 BNP Paribas 114.77 1 17.52%
3 Commerzbank Group 65.85 2 10.05%
4 Oakley Advisory Ltd 64.52 1 9.85%
4 Barclays 64.52 1 9.85%