UK and Swiss bank Opco CDSs losing relevance as a hedging tool, experts warn
New indexes promise higher coupons and lower dealer hedging costs
TLAC-driven issuance changes likely to see UK and Swiss holding company CDSs included in iTraxx Financials
Seesawing markets prompt speculation of big losses for structured product issuers
IRS’s Section 871(m) rule places burdensome requirements on non-qualified indexes sold to non-US persons
Index providers say strategies passed critical test convincingly
Fines for BAML and UBS highlight importance of accurate cost disclosures
Index provider capitalises on smart beta trend
Obligations set to mushroom for administrators and contributors
Post-UBS enforcement action, what next for custom indexes?
Inflows increasing correlations and reducing performance, say traders
US dealers’ custom index operations under heightened scrutiny following SEC enforcement action
Vague rules spark confusion; Morgan Stanley may face headaches
Frequent early redemptions used to boost broker commissions
US official says regulator is examining "a case or two"
Dealers lose over $300 million in scramble to hedge autocallables
Price reporting agencies are an integral part of modern commodity markets
Frenzied issuance on European indexes stacks up vega risk for dealers as natural hedge suffers
Energy companies blame regulatory risk for reluctance to report trades
Fewer energy firms reporting to Platts and other index publishers, report says
New product issuance in Europe could dry up as result of overbearing new rules, says Graf
The four papers in this issue are devoted to analyzing the design and performance of portfolio optimization methodologies, the construction of trend-following strategies, and multi-asset indexing solutions.
This paper explores the potential role of multi-asset solutions in the indexing landscape as well as challenges in constructing multi-asset indexes
Combined firm believes it can corner nascent multi-asset index market