Structured products
US structured products offer European equities in long tenors
Despite the recent poor performance of European equities, three US banks have registered leveraged return notes based on the Euro Stoxx 50 Index in a single week, some with unusually long maturities
Finra warns investors about 'unpleasant surprises' in ETNs
Four months after the furore surrounding the Tvix exchange-traded note, Finra has responded by issuing an investor alert warning of the risks involved in the products
Quant Congress USA: Avoid synthetic ETFs, says Avellaneda
Leveraged and inverse ETFs and ETNs criticised by New York University mathematics professor
Surviving the euro storm
Surviving the euro storm
Standard Solvency II asset data framework 'at least 12 months' away
Asset managers seek to standardise Solvency II asset data provision, but industry-wide solution presents challenges
Market reaction to price changes and fat-tailed returns
Market reaction to price changes and fat-tailed returns
Insurers urged to be cautious of long-term liquidity swaps
Uncertain regulatory and economic environment increases risks associated with liquidity trades, warns Fitch
CCPs wary of covered bonds despite Esma proposal
LCH.Clearnet and Eurex will not accept own-name covered bonds as collateral, despite green light from Esma
Indexes of indexes can deliver lower volatility and increased exposure, say providers
An index based on other indexes can offer institutional investors sophisticated strategies and retail investors easier access to capital-protected products in difficult structuring conditions, say index firms
Fixed income is the asset class of choice in Singapore, but issuer-risk concerns remain
Global uncertainty is driving investors in Asia into fixed-income assets and structured and credit-linked notes with exposure to credit, though they remain wary of issuer risk
South Korea to allow local financial institutions to issue covered bonds
Relaxation of restrictions over covered bonds issuance should prompt rapid expansion of sector’s present small base
Companies selling Ucits given more time to apply to provide Kiid post transaction
Sellers of Ucits products in the UK now have until 2014 to apply for permission to provide the key investor information document after a transaction is completed rather than before
Asia’s local authority – Aaron Woolner column
Asia’s local authority – Aaron Woolner column
Optimal design of algo-alpha trading strategies
Optimal design of algo-alpha trading strategies
Asia private banking market spurs demand for bespoke structured products
An increasingly savvy investor base in Asia is paving the way towards a more customised and managed approach to structured products aimed at private banking investors
New S&P Dow Jones venture to compete with banks not index providers
Merger of S&P Indices and Dow Jones Indexes will fuel more competition with banks than other index providers, say market participants
Swiss structured product turnover falls by nearly half compared to 2011
Turnover of structured products and warrants listed on the Scoach exchange falls more than 40% in the first half of 2012 compared to the same period last year. Industry figures blame increased risk aversion and a rise in OTC trading activity
ANZ launches China-centric commodity index
Australian bank unveils commodity index in bid to better reflect China market influence
Non-linear mixture of asset return models
Non-linear mixture of asset return models
Bullish NRI investors drive search for higher yield
Non-residential Indian investors bullish on high-yield strategies and leverage plays in Hong Kong and Singapore as they seek alternatives that can enhance returns
Luxury goods stocks continue to sparkle in Switzerland
Deutsche Bank says the luxury goods sector is especially promising in the current financial climate, while Bank Vontobel in Switzerland has launched its fifth structured product based on a basket of luxury and fashion goods
Update: EC publishes Prips regulation
As Europe's structured products professionals await the publication of the final version of the European Commission's Packaged Retail Investment Products regulation, the debate about what it should and should not include still rages
UBS tops issuance with reverse convertibles linked to financials and natural resources
Financials, energy and natural resource stocks form the basis of most of the latest raft of reverse convertibles from UBS
UBS anticipates RDR and Esma regulations with mammoth ETF splurge
UBS lists 64 exchange-traded funds on the London Stock Exchange in a single day – the largest ever daily listing of these products in the UK