Commanding the ground between active and passive strategies, smart beta looks set for expansion
Fixed returns can rise if the index goes above the fixed-return level
The rally in equity markets is shifting demand to principal-at-risk structured products, say US banks
Doubling up for innovation
A cut and a cap
Swedish wealth manager Garantum Fondkommissionen and Swedish Export Credit Corporation returned to the US structured products market last week
UBS and Société Générale are among several banks and index providers to tap demand for dividend exposure with new ETNs and benchmarks this year
Macro strategy boutique Parala Capital has signed its first index deal with Dow Jones Indexes
Two of the latest structured products Wells Fargo has registered in the US public market are based on multiple underlyings, making a play on correlation. The supply registered with the US Securities and Exchange Commission on March 8 includes 88 new products
A mass of new structured products registered in the US public market are dominated by HSBC and UBS, though Goldman Sachs stands out in terms of tenor with its five-year capital-protected note
US equities were the major theme in index-linked issuance at the end of last week, although diversification away from the S&P 500 was on offer from some providers.
While volumes have been healthy in the US market this week, maturity dates are being extended, but there is still innovation to be seen
Lead investigator for SEC defends agency's findings
As volumes see a slow recovery after the summer, issuers are diversifying the underlyings and Barclays focuses on real estate.
As the US market continues to face uncertainty, the safety of domestic equities is proving attractive to investors