Indexes

Optimism for property derivatives

Despite massive global real estate losses, the property derivatives market has been largely ignored, with trading activity focused almost exclusively in the UK. What are the prospects for growth in the asset class? By Peter Madigan

A return to domestic inflation

Activity in Europe’s domestic inflation derivatives markets dropped away after the collapse of Lehman Brothers. Now, dealers report buyers and sellers are starting to return. But there is likely to be less warehousing of risk by banks and a greater focus…

Solving the problem of inflation measures

With fears about future inflation still plaguing investors, inflation-linked products may seem like a sensible way of hedging against the rising cost of living. But the effect of substitution, interest rate rises and timing mean that returns on these…

The benefits of art investing

Alternative investments are tipped to outperform conventional financial offerings this year, leading to a rapid rise in the number of indexes based on art, as well as increasing interest from fund managers. Randall Willette, managing director at Fine Art…

Second-hand values

The demand for transparency and liquidity makes trading in and out of a structured product extremely attractive to investors. This has resulted in healthy secondary markets across Europe, so why has the UK been so slow to emulate its continental…

The call and collateralisation

Citi is providing an open-ended structured fund linked to the FTSE 100 index. Investments in the Autocall Fund mature when kickout occurs or when a five-year cycle is completed, and proceeds are reinvested on kickout. The fund is fully collateralised…

ETF Securities launches commodity index tracker fund

Exchange-traded funds (ETFs) and currency specialist ETF Securities has launched the first ETF to track the Dow Jones-UBS Commodity Three-Month Forward Index (DJ-UBSCI F3(SM)), following growing investor demand for diversified commodity related products.

Banca Fideuram focuses on clarity

Tightening spreads are making it more difficult for banks to factor protection into their products and although the market is stabilising, having protection and products they understand is still an important factor for Banca Fideuram’s customers. Clare…

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