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 300,081.56 1165 8.07%
2 JPMorgan 293,494.39 1273 7.90%
3 Bank of America Merrill Lynch 274,298.19 930 7.38%
4 Barclays 227,181.22 846 6.11%
5 Goldman Sachs 201,953.92 668 5.43%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 42,985.58 172 7.09%
2 JPMorgan 38,694.99 77 6.39%
3 Credit Agricole CIB 32,828.90 156 5.42%
4 UniCredit 32,244.17 143 5.32%
5 SG Corporate & Investment Banking 31,187.44 119 5.15%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 12,829.62 54 9.00%
2 Goldman Sachs 12,047.80 58 8.45%
3 Citi 9,451.48 53 6.63%
4 Morgan Stanley 8,043.15 48 5.64%
5 UBS 7,829.15 30 5.49%