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 Citi 417,761.51 1606 9.02%
2 JPMorgan 380,362.89 1737 8.21%
3 Bank of America Merrill Lynch 364,928.71 1322 7.88%
4 Goldman Sachs 269,252.76 932 5.82%
5 Barclays 267,252.43 1082 5.77%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 45,449.36 196 6.57%
2 BNP Paribas 38,734.80 217 5.60%
3 Deutsche Bank 37,615.10 139 5.44%
4 JPMorgan 34,724.19 118 5.02%
5 Bank of America Merrill Lynch 33,835.53 112 4.89%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 22,475.00 105 8.66%
2 Morgan Stanley 19,057.00 101 7.34%
3 Citi 17,812.08 111 6.86%
4 UBS 17,693.89 71 6.82%
5 Goldman Sachs 17,332.64 99 6.68%