175
TRANSACTIONS
70
BN € UNDER MANAGEMENT
+450
TRANSACTIONS SINCE 1989

ASSETS UNDER MANAGEMENT BY TYPE OF TRANSACTION

ASSETS UNDER MANAGEMENT AT 31-12-2017

TYPEASSETS UNDER MANAGEMENT
TOTAL67,2 bn€
PUBLIC FCT30,1 bn€ being 44,7%
PRIVATE FCT21,8 bn€ being 32,4 %
ST8,1 bn€ being 12,0 %
SPV6,9 bn€ being 10,2%
AIF32,1 M€ being 0,7%

Public transactions

Securities listed on European exchanges, subscribed to by sophisticated investors or placed with retail French investors (subject to a “public offer” within the meaning of Article L.411-1 of the Monetary and Financial Code).

Private transactions  

Securities placed with qualified investors within the meaning of Article L.411-2 of the Monetary and Financial Code, and which are not listed on a European stock exchange.

SPV

(Special Purpose Vehicle)
Foreign law securitisation vehicle.

ST 

(Securitisation company)
Securitisation company under French law.

FCT 

Fonds Commun de Titrisation
Securitisation vehicle under French law.

AIF 

Alternative Investment Fund

ASSETS UNDER MANAGEMENT BY CATEGORY OF TRANSACTION

ASSETS UNDER MANAGEMENT AT 31-12-2017

CATEGORYASSETS UNDER MANAGEMENT NUMBER
TOTAL67,2 bn€ 175
ABS30,8 bn€ being 45%68
RMBS16,5 bn€ being 25%14
CMBS0,1 bn€ being 2 %12
CLO-CDO16,0 bn€ being 24%78
WBS0,2 bn€ being 4%2

ABS

(Asset-Backed Securities)
Consumer Loans, Credit Cards, Car Loans, Leasing, Trade Receivables, Insurance Premiums.

RMBS

(Residential Mortgage-Backed Securities)
Real estate loans for individuals.

CMBS 

(Commercial Mortgage-Backed Securities)
Real estate loans for companies.

CLO-CDO

(Collateralized Loan Obligations – Collateralized Debt Obligations)
Business loans, Bond securities, Credit/insurance risk derivatives.

WBS

(Whole Business Securitisation)
Commercial or industrial flow activity.