Structured products
Citi launches onshore Brazilian fund linked to US stocks
Citi fund enables investors in Brazil to explore non-local underlyings while retaining the comfort of an investment in their home currency
Investors should avoid a flight from risky assets, says Barclays Capital
Investors should avoid dumping risky assets despite concerns over slow growth and eurozone debt, according to a BarCap report, as opportunities may arise in equities and credit later this year
Asia overtakes Europe as home to most millionaires, survey finds
Hong Kong sees world's fastest growth in population of wealthy individuals, according to BAML/Capgemini survey
iShares launches local currency emerging market debt ETF
iShares has listed an exchange-traded fund in London in response to institutional demand for access to emerging market bonds and currencies
Unconstrained bond funds gain momentum as investors turn away from benchmarks
Asset managers have reported demand from clients for so-called unconstrained bond strategies; freeing them from the rigidity of managing to benchmark bond indexes. Credit talked to five leading investment firms to get their take on the unconstrained…
Merged Spanish savings banks expected to have greater appetite for structured products
Consolidation among Spanish savings banks has temporarily stalled structured products distribution, but many believe larger distribution channels will eventually result from the mergers
Spanish government debt issuance competing with structured products, say providers
Spanish regional government bonds aimed at retail investors are causing concern among some structured products providers
Macroeconomic uncertainty boosts demand for gold and oil exposure
Continued uncertainty about inflation and deepening concerns over sovereign default risks in Europe are making the commodities increasingly attractive as hedging tools
Risk India: ETFs set to grow in India, but regulators wary of systemic risk
A panel of experts at the Risk India conference in Mumbai believes the ETF market is set for growth in India, but expressed concern about synthetic products
Citi reorganises structured products; Burns to accept new role
Citi has announced a reorganisation of its structured products group, mixing institutional and regional structuring and opening distribution to most of the bank's retail investment products
Exotic options listing on JSE expected to precipitate more ETPs
The first exotic currency options have been listed on the Johannesburg Stock Exchange as market participants anticipate moves towards on-exchange trading
US inflation outlook spells bad news for most asset classes, says economist
The US will be hit by inflation over the next few years as economic factors that have kept rising prices in check start to reverse, and while equities may remain strong in the near term, the long-term outlook is bearish for most asset classes, according…
Deutsche snaps up structurer Chan from BarCap
Susan Chan has left Barclays Capital and will take up the role of head of equities structuring at Deutsche Bank from September 1
Multi-alpha strategies dominate commodity index developments
Banks are developing combined index strategies that allow investors to access a broader range of trading styles to maximise alpha
Dow Jones launches currency-hedged versions of Dow Jones-UBS Commodity Index
Dow Jones has integrated a currency hedging mechanism into its benchmark commodities index to meet demand from non-US dollar investors
People: King crowned head of ETNs at Credit Suisse
Greg King's arrival at Credit Suisse is one of many recent moves in the structured product and ETF markets
Sponsored statement: State Street
Gold – A unique asset class
Sponsored statement: HSBC
Back to basics
Sponsored statement: Credit Suisse
Building balance – a new generation of ETFs
Dan Fuss interview – Part 2
Loomis Sayles vice-chairman discusses the US credit markets
US corporate credits offer opportunities – Dan Fuss interview
The US has recovered from recession but still faces an enormous debt burden. The onus is now on companies to pick up the slack in the economy and keep bonds buoyant
Restructurings may offer a solution to eurozone debt woes, says John Redwood
MP and chairman of the investment committee at Evercore Pan-Asset says bondholders must reconcile themselves to taking losses in any restructuring plan for Greece and other troubled peripherals
S&P launches additional risk control indexes using bonds to add upside
Standard & Poor's has launched a second series of its popular risk control indexes, this time using a bond component while targeting a specific level of volatility