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Date: 2/27/2019
Source: Incapital
Author: Incapital

Incapital Wins Distributor of the Year,
US Investor Solutions Awards at 2019
mtn-i Americas Showcase

Firm Recognized for Its Widespread Distribution of Structured Products and Retail Corporate Callable Notes Offerings


BOCA RATON, FL – February 27, 2018 - Incapital LLC, a leading underwriter and distributor of fixed income securities and risk management investment solutions, today announced that it will be the recipient of the Distributor of the Year Award at the upcoming 2019 mtn-i Americas Structured Note Showcase & Awards ceremony. This marks the seventh time mtn-i has declared Incapital as the Distributor of the Year. The firm has also been recognized for its Retail Corporate Callable note offerings on its InterNotes® platform and will receive the US Investor Solutions Award.

 

In declaring Incapital the winner of the Distributor of the Year Award, mtn-i stated: “Among broker-dealers Incapital stands out for widespread distribution of structured products from a range of credits.”  Earlier this year, Incapital announced that it achieved a record $5.5 billion in sales of Market-Linked Products in 2018, up nearly 35% from the previous year. Meanwhile, mtn-i noted that 2018 marked the biggest year in a decade for the US structured products market, with sales growing 15% to $65 billion.  

 

“These acknowledgements further uphold our team’s robust and successful efforts to enhance our clients’ education and access to Market-Linked Products, as well as their overall experience with Incapital,” said Hugh McHaffie, Managing Director and Head of Incapital’s Wealth Management Solutions division.  “We are delighted and humbled to receive these awards and recognition, and we remain dedicated to continue to provide excellence across various facets of our business.”

 

In acknowledgment of the US Investor Solutions Award, mtn-i added, “The rally in US dollar interest rates led to more than doubling in fixed-rate callables, step-ups and structured floaters, jumping to USD $4.5 billion. Corporate credits also found traction in this environment with Incapital providing retail investors with access to Caterpillar, Ford, General Motors and Verizon.”

 

“Investors are making a shift back to traditional fixed income securities, appreciating the benefits, such as predictable income, principal protection (absent issuer defaults), and as a tool to diversify investment portfolios,” said Paul Mottola, Managing Director and Head of Capital Markets at Incapital.  “This award recognizes that our InterNotes® platform has been gaining in prominence, as it levels the playing field giving retail investors access to new issue debt of many well-established corporate issuers.”

These awards bring Incapital’s total mtn-i awards up to eighteen. The previous awards include:

  • Dealer of the Year (2018)
  • U.S. Structured Products Distributor of the Year (2008, 2010, 2011, 2012, 2014, 2016)
  • Editor’s Award (2010 – Education & Marketing, 2014 – Triple A Structured Note Initiative, 2017 – Brand and Distribution Leadership)
  • Landmark Deal (2014 - USD 100m Floored Floating-Rate Notes due 2018, 2014 - USD 120m Hybrid Note Series due 2023/28/34)
  • Investor Solutions (2008, 2014)
  • Deal of the Year (2015 – USD 400m GS Momentum Builder Multi-Asset 5ER Index-Linked Notes/CDs, 2017– Floating Rate 3-Month USD LIBOR-Linked Note)

 

Mtn-i is a global news, data, analytics and communication platform that specializes in compiling data on below-radar debt markets covering Structured Notes, Private Placements and MTNs. They will be holding the award ceremony in Miami on April 4, 2019.