Indexes
US Wrap: Gas and gold in reverse convertibles
Barclays Bank has issued a reverse convertible note offering exposure to the US Natural Gas Fund, which tracks the movements of natural gas prices. The note lasts one year and pays an annualised coupon of 20%. It will convert into stock if the fund slips…
Blue Sky offers autocalls with growth and income
Blue Sky Asset Management has launched growth and income auto-call plans - designed to take advantage of low interest rates.
NDFA offers six-year deposit product
NDFA, the UK provider of structured products, has launched a six-year deposit product offering the potential for 50% fixed return.
Keydata placed in administration by FSA - update
Keydata Investment Services Ltd has been placed into a speedy administration by the UK Financial Services Authority on the grounds that it is insolvent. All new business has been suspended and a temporary suspension of payments on policies has been…
Keydata kicks out once more
Keydata, the UK structured products distributor, has launched two structured products designed to give exposure to the FTSE 100 index. The first, the five-year Annual Kick-out Plan Issue 2, will automatically redeem on its first anniversary paying out 9%…
Walker Crips launches first growth product
Walker Crips Structured Investments (WCSI) has launched its first growth product on the retail market. The Annual Growth Plan, a non-capital protected plan, provides exposure to the FTSE-100 index. The three-year kick-out plan offers a return of 10% a…
US Wrap: Out comes Barclays again, with plethora of reverse convertibles
Barclays Bank's set of product offerings bloomed as the issuance week in the US as the week drew to a close. The UK bank produced a sequence of reverse convertibles that concentrated mainly on energy stocks, although with many other sectors represented:…
US Wrap: RBC moots real estate rebound
Royal Bank of Canada has launched an accelerated growth note linking to the iShares Dow Jones US Real Estate Index. The bullish trade offers 300% participation in the index over only six months, up to a cap of 39%. It does not incorporate any downside…
Investec Guaranteed FTSE Plan given facelift
Investec has changed the payoff profile of its Guaranteed FTSE 100 Plans, as part of the launch of its ninth collection of structured products covering investment, accumulation and income plans. The Guaranteed three-year FTSE 100 Plan 9 has two options…
US Wrap: JP Morgan launches kickout on gold equity fund
JP Morgan has unveiled a new autocallable note linked to the Market Vectors Gold Mining ETF. The 18-month investment will pay a coupon of 5.25-6.25% if the fund is at 100% of its initial level after three months. If not, the product will continue to its…
Forging an index
Efforts by BHP Billiton to create an iron ore index appear to be floundering as Chinese steel producers press hard for pricing advantage. Kathleen Kearney reports
Size matters at Lyxor
Lyxor has been building its exchange-traded fund business for eight years and now boasts EUR24.4 billion of assets under management - almost a quarter of the European market. What began as a single offering on the CAC 40 now aims to be a complete toolbox…
Holding counterparty risk at arm’s length
Exchange-traded funds have been as exposed to talk of counterparty risk as the next structured product, although the risk is lower. Under the European Union's Undertakings for Collective Investment in Transferable Securities III regulations, ETFs are…
Product performance
Data
Product performance
Data
'X' marks the spot
In a little over two years, DB x-trackers has captured an impressive 17% share of Europe's ETF market. With an existing portfolio of more than 100 products, the provider now plans to expand its offering in Asia while developing new product types such as…
Barclays reissues target growth plan
Barclays Wealth has reissued the Target Growth Plan, which is designed to provide exposure to the FTSE 100 index and offers a potential return of 50% at maturity. Barclays aims to raise £5-10 million on the plan.
US Wrap: Scope broadens for growth products
Accelerated growth products using four different underlyings were launched by three different issuers into the US market yesterday. The new products included leveraged participation in the iShares MSCI Eafe (international equity) index fund, and the…
US Wrap: JP Morgan offers fund basket exposure
JP Morgan has launched a note linked to the performance of international, emerging market and US equity funds. Investors will participate 200% in fund gains over one year, with 7% downside protection. The US equity component, the iShares Russell 3000…
US Wrap: Deutsche launches sector stock basket note
Deutsche Bank has launched an accelerated growth note offering leveraged participation in a basket of 15 stocks. The two-year note gives investors 300% of the performance of a selection of metals, mining, agriculture and energy equities more commonly…
US Wrap: EM and US equity offered ahead of holiday weekend
A raft of accelerated growth products were launched into the US market ahead of the holiday weekend, offering exposure to either emerging markets or domestic equity. Nearly all the products are short tenor, bar one offering from Morgan Stanley which…
Duggan offers credit and equity play
Duggan Asset Management, a Dublin-based niche investment firm, has launched a 100% capital protected deposit-based structured product - called the Credit Bond. The product is designed to give investors exposure to the high-yield credit market by…
US Wrap: Barclays reverses from convertibles into growth
Barclays Bank has released an accelerated growth chaser to the plethora of reverse convertible notes it has launched over the past week. The note is one of the emerging markets plays now beginning to make more regular appearances in the market as…