Capital-at-risk products with European-style barriers inherently more vulnerable in a downturn
Product would have beaten index tracker nearly twofold over past six years
Stock-based structured products can outperform index-linked counterparts but rigorous analysis is key
Structured Products Advances in Technology Guide & Directory 2013
Reverse convertibles from UBS linked to Chesapeake Energy shares have the highest riskmap scores in the latest filings with the Securities and Exchange Commission
Structured Products Advances in Technology Guide & Directory 2012
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Future Value Consultants
Recent US structured products issuances have contained several products with multiple underlyings and the latest follows suit with basket products from HSBC, Barclays and Morgan Stanley.
Maturities for US structured products get stretched and Barclays issues a reverse convertible with a high risk rating
Royal Bank of Canada is the only player in the issuance with its reverse convertibles, a handful of which are based on natural resources.
JP Morgan has launched a callable countdown constant maturity swap range-accrual certificate of deposit that pays a coupon dependent on the proportion of days the CMS rate is within a 0-6.25% range. The tenor is 15 years and the product benefits from...
Barclays is offering an accumulator product based on the FTSE 100, with lock-ins for every 15% rise in the index subject to a 60% cap. If the index does not trade above a 115% strike level and the 50% protection barrier is breached, capital is not protected
HSBC is offering US investors a 10-year investment in interest rates that pays 7% in year one and potentially as much in following years. The product is wrapped in a certificate of deposit, but investors may lose out if HSBC exercises its call at five...