Awards

The arrival of the European Union’s €100bn Support to mitigate Unemployment Risks in an Emergency (SURE) issuance programme in October 2020 catalysed secondary trading activity in the sovereigns, supranationals and agencies market. Tradeweb’s easily customisable platform has been giving both buy- and sell-side participants automated and efficient tools to take advantage of the opportunities SURE has opened up.

We’re delighted to reveal the winners of the GlobalCapital Bond Awards — the best borrowers, investment banks, investors and other participants in the international bond markets.

GlobalCapital is delighted to present the winners for this year's Sovereign, Supranational and Agency bond awards.

Join us as GlobalCapital announces the winners of its Bond Awards 2021 — including our Socially Responsible Investment Awards — in our online ceremony on Wednesday, June 16 at 3pm London time, 4pm CEST, 10am NY time.

GlobalCapital wants to know what you think about working life in the capital markets as a result of the effects of the coronavirus pandemic.

GlobalCapital is delighted to reveal the winners of its 2021 European Securitization Awards, where we seek to recognise the most notable and innovative deals, banks and market participants of 2020.

The environmental, social and governance area of finance has been one of the hottest this year, with sustainability branding stuck on every financial product imaginable, from commercial paper to subscription lines, leveraged loans and bank capital.

Secondary trading of ABS enjoyed a boom in 2020. For trading desks, that required a need to step up and provide liquidity for clients trying to manage portfolios during difficult markets. BNP Paribas did this demonstrating its commitment to the market as it continued to grow its business to match its leading position in the primary securitized products market. For the second year running BNP Paribas is our Secondary ABS/RMBS Trading House of the Year.

Financial services boutique ISP Group launched its debut European CLO Opportunity Fund during the early spring market turmoil last year. Since then the Ardesia fund has proven its flexibility, recycling risk as the markets moved through panic, recovery and stability modes to deliver a 40%-plus return.

Santander Consumer Bank AG is a relative veteran as an issuer in the securitization market but it is still pushing boundaries. With securitization a central part of its funding – and capital management – plans, a focus on the product across the firm and an experienced team, the bank delivered our ABS Issue of the Year, the largest cash risk transfer deal in the public market, and also wins our ABS Issuer of the Year accolade.

The Covid-19 pandemic presented a raft of new challenges for rating securitizations, as issuers, investors and servicers struggled to understand not just how underlying asset classes would cope but the short- and longer-term implications on cashflows as well as credit risk. Moody’s used the breadth and depth of its global franchise to provide consistent guidance and found new ways to reach out to the market and is our Securitization Rating Agency of the Year 2021.

When a crisis hits, it’s often the equity tranches that feel the brunt but the Covid-19 pandemic in 2020 ultimately created opportunities for some investors in the space. M&G, with its strong reputation among counterparties and ability to invest across the full range of assets, overcame the challenges and is our Securitization Equity Investor of the Year.