Structured products
WHAT IS THIS? Structured products are investments that have multiple components. For retail investors, the most common form is a bond plus an option – these tend to be standardised, sold in small tickets and large volumes. Managing the risks of large structured products portfolios is one of the biggest challenges dealers face.
EU regulators clash over structured products risk ratings
Months-long delay to discussion paper said to owe to squabbles between national regulators
Belgian regulator defends structured products moratorium
Watchdog claims complex products sale ban winning plaudits as soft-hands approach
FVC review: Investec’s low-vol equity growth product
Issuer's Even 30 index pitched as low-volatility alternative to FTSE 100
Photo gallery: Structured Products Americas Awards 2015
A selection of free-to-view photos from this year's event
People: BAML and Citi step up equity derivatives hiring
Roos to head equity sales and prime finance at Citi, and other moves
Smart beta versus structured products: the investor’s conundrum
Many investors favour one approach over the other, belying their similar aims
US regulators crack down on complex annuities sales
State watchdogs issue warnings as insurers turn to proprietary index products
Dealers fear reporting clash under SFT regulation
Securities Financing Transactions Regulation could conflict with Emir reporting rules
Risk España Rankings 2015
Steady as she goes
European structured product issuers fear TLAC funding hit
Banks face loss of attractive source of dollar funding
SEC warns structured note issuers over proprietary indexes
Head of Office of Capital Markets Trends calls on issuers to examine sales practices
Could TLAC kill the structured notes business?
FSB proposals exclude structured notes from banks’ bail-in debt buffers
FVC review: Deutsche Bank launches dual-directional Euro Stoxx 50 play
18-month product offers investors gains if index rises or falls modestly
FVC retrospective: Goldman’s Euro Stoxx 50 note returns 143%
Total return would have beaten cash holdings or index trackers
Institutional structurer of the year: JP Morgan
Bank moved early to meet institutional demand for smart beta allocations
FVC retrospective: UniCredit’s reverse convertible on Deutsche Bank stock matures
Product offered a fixed coupon of 4.75% and sizeable downside protection
Editorial: piecing together the smart beta puzzle
Growth in strategies such as momentum is predicted to slow – but we aren't there yet
Structured Products Asia Awards 2015: call for entries
Find out how your firm can enter this year’s awards
A closer look at momentum-driven smart beta strategies
Investors seeking returns from momentum strategies should know what’s under the hood
Law firm of the year: Davis Polk
Firm advised on a huge roster of deals in 2014
Latin America house of the year: BBVA
Bank has made the Latin America quanto structured products market its own
Technology vendor of the year: Moody's Analytics
Firm leverages credit market expertise to ride crest of CLO revival
Risk manager of the year: Credit Suisse
Bank’s fluid approach to risk recycling allows tighter pricing than slower rivals
Retail structurer of the year: BNP Paribas
Bank has sought to bring new investors into structured products market with innovative deals