HY PM Leaves Morgan Stanley

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  • 16 Jun 2003
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Deanna Loughnane has left Morgan Stanley Investment Management in West Conshohocken, Pa., where she was a senior high-yield portfolio manager sharing responsibility for an estimated $5 billion junk portfolio, according to a sell-side salesman who covers the account. The reason for Loughnane's departure could not be determined and she could not be reached. The firm is looking for a replacement, according to the sell-sider. Calls to Gordon Loery, executive director and lead high-yield portfolio manager, were not returned.

The largest of the funds co-managed by Loughnane for which performance data could be determined, was the $647 million Van Kampen High Income Corporate Bond Fund. The fund, which she had co-managed since July 2001, returned -9.42% in 2002 and 13.24% year to date in 2003, according to Bloomberg data.

  • 16 Jun 2003

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 2,454.09 9 13.89%
2 JPMorgan 1,441.26 6 8.16%
3 SG Corporate & Investment Banking 1,292.64 1 7.32%
3 Rabobank 1,292.64 1 7.32%
5 Bank of America Merrill Lynch 1,226.20 5 6.94%