Buy-Sider Joins JPM As I-Grade Strategist

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  • 16 Jun 2003
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John Ryan has resigned from Deutsche Asset Management, where he was a managing director and head of credit trading and strategy overseeing the firm's $35 billion in corporate bond assets. He moves over to the sell-side to be a v.p. and corporate bond strategist at J.P. Morgan Securities, reporting to Ed Marrinan, managing director and head of credit strategy for North America.

On going from a managing director to a v.p. position, Ryan says, "I wanted to explore new things instead of just doing what I had been doing. Being on the buy-side is vastly different from being on the sell-side." While he acknowledges that he is following nearly the opposite trajectory of many of his peers on the Street, he says, "I know a lot of guys are going to hedge funds right now, which is one of the reasons it seems like absolutely the wrong time to be doing that. This seemed like a better move to make as opposed to being the ten thousandth guy to join a hedge fund." Prior to joining Zurich Scudder, which was later acquired by Deutsche Bank, Ryan spent five years as a trader at PPM America.

A call toEric Kirsch, head of fixed-income for North America at Deutsche Asset Management, was referred to Rosalia Scampoli, a spokeswoman for the firm. She says the firm is still determining how best to replace Ryan.

  • 16 Jun 2003

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 10,542 20 17.55
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.16
3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
5 Morgan Stanley 4,137 11 6.89

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 79,222.71 230 11.49%
2 Bank of America Merrill Lynch 65,088.22 185 9.44%
3 Wells Fargo Securities 55,825.35 161 8.10%
4 JPMorgan 52,873.25 155 7.67%
5 Credit Suisse 44,197.08 113 6.41%