Capital Group leads charge in ballooning IR swaps market

Counterparty Radar: US mutual funds flock to G10 currency trades as macro conditions worsen

Federal-Reserve

Capital Group tripled the notional value of its interest rates swap positions over the first quarter of the year, reaching a total of roughly $200 billion, with US dollar rates driving the book’s expansion.

At $186 billion, the size of the firm’s notional portfolio in US dollar swaps surpassed Pimco’s for the first time since Q1 2020 as the largest among US mutual funds, although the latter’s portfolio remains larger when the notional value of swaps in other currencies is taken into account

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here