Structured Products - Volume 9/Issue 2
Articles in this issue
Eric Penser offers partial protection on international equity index basket
Penser is partial to protection
Incapital pulls plug on UK market as IFA distribution model proves difficult to crack
Distributor halts offerings in the UK after finding US model unsuited to this side of the Atlantic, say industry sources
Bank of Montreal emerging markets straddle delivers returns in rising and falling markets
Returns in both directions
SEC closes in on sweep guidance for structured notes estimated value disclosure
The SEC will soon send issuers final guidance on structured note valuation disclosure, following a sweep letter sent last April
Esma dismisses Prospectus Directive criticism
Issuers say investors will not benefit from amendments to the EC's Prospectus Directive, but Esma maintains the new requirements serve a purpose
First 'Smit' ETF launched as emerging markets equity inflows gather pace
Launch of Smit 40 Index ETF by Commerzbank coincides with surge in demand for emerging markets equity products
Structured products help Brooks Macdonald protect investor capital in declining markets
Brooks shields investors
HSBC sees surge in ETF assets on back of physical model
Physical advantage
Vast majority of Meteor structured products pay out
Maturities from the past six months show that only three of Meteor's products did not result in a payout, with FTSE underlyings performing especially well
US tax proposal targets derivatives' 'phantom income'
A tax proposal from the US House of Representatives would raise taxes for individual investors on their derivatives holdings
SEC scrutiny blamed for stifling active ETF market
Despite lifting a moratorium on reviewing actively managed ETFs that use derivatives, the US Securities and Exchange Commission still imposes long waiting periods on product approvals
Uncertainty stokes demand for rates 'tasting menu'
Interesting times
Swiss structured products market boosted by the hunt for yield
Investors in Switzerland turn towards equity-linked products to beat fixed-income returns
Dividend-based ETPs stage a comeback
This year has seen a revival of interest in dividend-based exchange-traded products as investors continue their search for yield
Editor's letter: The trouble with credit
Editorial
Market snapshot: Reverse convertibles back on top in the US
Market snapshot
Trade of the month: Emerging markets underlyings
Trade of the month: Emerging markets underlyings
Index roundup: Nomura launches momentum index
Index roundup
Numerix tops the Structured Products Technology Rankings 2013
Structured Products Technology Rankings 2013
UBS fixed-income exit highlights difficulties of unwinding
Preparing to unwind