Executive Summary
This report provides detailed information from European-based investors investing in Investment-Grade Credit, including helpful benchmark data such as:
- Dealer rankings
- Trading volume
- Assets under management
- Product usage information
Graphic slides include:
- Total Trading Volume – Distribution by Type of Investor
- Total Trading Volume – Distribution by Country-Region
- Total Trading Volume – Cash Bonds vs. CDS-Index Products
- Total Trading Volume – Distribution by Currency
- Investment-Grade Cash Bonds Trading Volume – New Issue vs. Secondary
- Electronic Trading Activity – Investment-Grade Credit Bonds
- Electronic Trading Activity – Investment-Grade Index Products
- Most Important Factors When Requesting an Electronic Quote
- Concentration of Business – Investment-Grade Index Products
- Value Provided By Dealers
- Use of Dealers’ Research
- Reward for Research
- Research Services Rewarded by Investors
- Research Services Valued Most
- Methods Used to Reward Dealers for Research
- Expected Impact of Clearing on Volume Allocation to Dealers
- Key Success Factors – Sales-Relationship Management
- Key Success Factors – Research
- Key Success Factors – Market Making
- Key Success Factors – Executable Bids and Offers on German Products
Research is based on in-person and telephone interviews with 380 respondents between May and July, 2014. The data in this report is based upon aggregated results from individuals participating in the study.