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.
Wiener Börse launches two fundamental indexes
The Vienna Stock Exchange has launched the CECE Fundamental and the CEETX Fundamental indexes
US Wrap: Accelerated growth and reverse convertibles share the spoils
In a low-issuance US market, accelerated growth structures and reverse convertibles lead the way
ETF Securities offers emerging markets and G10 currency exposure
Exchange-traded currencies target retail and institutional investors
Credit Suisse expands Australia equity derivatives with Kiely hire
Credit Suisse has expanded its equity derivatives and structured products operations in Australia with the appointment of Lucas Kiely as director and head of equity derivatives sales and Chelsea Wise as director and head of structured products sales
S&P creates taxable municipal bond index; talks structured products and ETFs
Standard and Poor's Taxable Municipal Bond Index offers exposure to a market that has grown substantially since the beginning of 2009.
UBS creates reverse convertible index to beat deposit returns
UBS index meets demand from German retail investors for regular income that beats the European Central Bank's base rate.
Capital protection retains its allure in Switzerland, SSPA
Investors continue to buy capital-protected products, but shy away from leverage.
Hong Kong structured product providers warm to ‘cooling off’ period
New SFC rules will also force dealers to offer secondary pricing
Investors keep options open with floored and collared FRNs, RBC
Floored and capped floating-rate notes have become increasingly popular with investors seeking low-risk investments.
Education and simplicity key to Netherlands market recovery
Investors in the Netherlands are still wary of structured products. A return to simple products and boost in educational efforts is needed to overcome this, according to bankers at Structured Products' conference for the Benelux region in Amsterdam
S&P 500 benchmarked assets reach $4.83 trillion
Standard & Poor's survey shows large gains in assets benchmarked against its indexes
US wrap: Issuance volumes soar with focus on Barclays reverse convertibles
The US market has picked up at the end of an otherwise modest week. Barclays leads the issuance with its reverse convertibles based on the financial sector