Pimco, Capital Group lead expansion of index CDS market

Counterparty Radar: Total positions reach new high driven by growth of swaps referencing CDX NA IG

pimco-london-office
Pimco's UK offices

Capital Group jumped in the rankings for mutual funds trading credit default swap indexes last quarter, but Pimco retained its dominant position in the space.

The California-based fund manager added $4.3 billion notional of positions to its portfolios, while its total CDS index book grew to $14.5 billion, making it the second largest user of these instruments behind Pimco, which was responsible for nearly half of all mutual fund volume.     

Capital Group’s market share rose 2.9 percentage

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] 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

If you already have an account, please sign in here.

Sign up here

 

This address will be used to create your account

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: