Structured credit poll 2007: Award Winners
Euromoney’s second review of structured credit products and services was conducted from May 4 to June 15 2007. Asset managers around the world were asked to rate their service providers on the categories shown in the tables. Nominations were scored on the basis of 4:3:2 points for best service provider, second place and third place, respectively. The following weightings were applied to the holdings of structured credit assets stated by voters:
Holdings of less than $10 million – weighting of one applied to the 4:3:2 scores
Holdings of $10 million to $49.9 million – weighting of two applied to the 4:3:2 scores
Holdings of $50 million to $249.9 million – weighting of three applied to the 4:3:2 scores
Holdings of $250 million to $999.9 million – weighting of five applied to the 4:3:2 scores
Holdings of in excess of $1 billion – weighting of seven applied to the 4:3:2 scores
Voter breakdowns
All figures are given as a percentage by of all voters by number (2006 figures in brackets).
| In what part(s) of the capital structure are you most active? | |
| A | 56% (58%) |
| AA | 39% (57%) |
| AAA | 48% (47%) |
| BBB | 56% (38%) |
| Below investment grade | 39% (22%) |
| Equity | 42% (24%) |
| Size of voter holdings of structured credit products | |
| Greater than $1 billion | 32% (23%) |
| $250 million to $999.9 million | 24% (19%) |
| $50 million to $249.9 million | 20% (29%) |
| $10 million to $49.9 million | 17% (14%) |
| Less than $10 million or refused to say | 8% (14%) |
| Investor style | |
| Active speculative trader | 37% (26%) |
| Buy-and-hold | 78% (81%) |
| Institution type | |
| Bank | 47% (61%) |
| Hedge fund | 18% (10%) |
| Other asset manager | 29% (19%) |
| Real money fund | 6% (11%) |
In all, 107 valid votes were received. If you have any further questions about this poll or any other survey run by Euromoney research, please email Andrew Newby at: anewby@euromoney.com
