Citi has claimed the top ranking in Global Fixed Income Market Share, according to Greenwich Associates annual benchmark survey. The survey polled roughly 4,000 fixed income investors around the world.
Rounding out the top 5 Greenwich Share Leaders in Global Fixed Income this year are a pair of European banks, Deutsche Bank and Barclays, and two other U.S. banks, Goldman Sachs and JPMorgan.
Goldman Sachs takes the lead in the U.S., Barclays is a clear first in Europe, and Citi is the leader in Asia ex-Japan and with non-Yen investors in Japan, according to the Greenwich Associates findings.
These five firms are also the Greenwich Share Leaders in Rates while Citi, JPMorgan, Barclays, Bank of America Merrill Lynch, and Goldman Sachs lead in Credit.
In terms of service quality in the new environment, Citi and JPMorgan have distinguished themselves and are the 2015 Greenwich Quality Leaders in Global Fixed Income.
Following a steady improvement in performance over the past several years, this is the first time Citi has secured the number one position, read a Citi press statement.
According to the survey, Citi increased its fixed income market share by 60 basis points to 10.2 percent in 2015 and now holds a significant lead over the next closest competitors. Citi has also gained more market share than any other large dealer since 2008.
We are honored to be recognized as an industry leader, underscoring our commitment to our clients and the global fixed income market, said Jim ODonnell, global head of investor sales and relationship management of Citi. We thank our clients for entrusting us with their business, and look forward to continuing to build upon and strengthen our partnerships with them.
Citi also ranked #1 in both Sales Quality and Trading Quality, as well as #1 in e-Trading according to the survey.