Feature
Asian banks pushing ahead on op risk
Editor's blog
Société Générale CIB adds in equity derivatives
Arié Boleslawski has joined Société Générale Corporate & Investment Banking as head of the exiotic trading desk for equity indexes and funds in Europe, and Selim Mehrez has joined as head of pricing and new products for equity derivatives in Europe.
NDFA launches trio of plans
NDFA has launched three structured products designed to offer income, enhanced growth or capital security. The Regular Fixed Income Plan June ’08 is linked to the FTSE 100 index and offers a fixed annual income of 7% per year, or the option of 0.57%…
Stoxx to launch dividend points calculation product
Stoxx will launch the Dow Jones euro stoxx 50 DVP (Dividend Points), its first official calculation product that provides pure dividend data of the DJ euro stoxx 50 index, on June 16.
Cultural change prescribed in response to subprime losses
As banks and other market players seek to close risk management loopholes exposed by tottering markets, some post-mortems are homing in on a broader issue: corporate culture.
Macquarie adds to infrastructure index series
Macquarie has launched its Emerging Markets Infrastructure and Development Index (Memidi), which tracks the rise in infrastructure spending due to demand from urbanites in emerging markets economies by reference to the performance of the 50 largest…
Arc offers potential 19% with latest kick out
Arc Capital and Income has launched its latest kick-out product offering investors a potential 19% coupon after one year. The Arc Stepped Kick Out Plan 5 gives investors the choice of two different risk profiles depending on the underlying stock indexes,…
Backlash against biofuels
Biofuels are facing not only the food versus fuel controversy, but also criticism that the growing biofuels industry produces a bigger carbon footprint than the savings made when using them. Eric Fishhaut of GlobalView Software looks at the arguments
Coal’s Asian dawn
Asia-Pacific coal prices are at record highs, yet coal spot and forward markets in the region are a long way behind those of other energy markets. Anthony Collins of ASX looks at the evolution and potential of Asia-Pacific coal markets
Caught in the quicksand
Future Canadian carbon legislationwill add another layer of political riskand cost onto oil sands projects. DavidWatkins looks at the implications
Establishing weather trading VaR using
Shuiquan Feng shows how to use a grouping and bootstrapping method to calculate VaR for a weather trading portfolio. The shared features of this method, Monte Carlo and historical simulation, are explored. This method can be referenced to estimate a…
UK Treasury calls for more regulatory convergence
Daily news headlines
ING offers Middle East exposure; launches reverse exchangeable note in Brazil
ING Bank has launched a Middle East Access Note which provides exposure to four funds focused on the Middle East. The bank has also launched a USD Worst Of Barrier Reverse Exchangeable Note linked to three Brazilian shares.
BNP Paribas offers Conquistador 20 to French investors
BNP Paribas has launched a new collective investment trust (fonds communs de placement) targeted at cautious French retail investors who want equity exposure. Conquistador 20 is linked to a basket of twenty Euro zone shares, with a capital guarantee at…
Dawnay Day Quantum launches China investments
Dawnay Day Quantum has launched its China Investment Series, which comprises two structured products offering exposure to the growth in China’s economy.
Daiwa Launches Singapore’s first sharia-compliant ETF
Daiwa Asset Management (Singapore) has launched Singapore’s debut sharia-compliant exchange-traded fund (ETF) on the Singapore Exchange (SGX) (see Structured Products magazine, August 2007). The Daiwa FTSE Sharia Japan 100 (Daiwa ETF) offers exposure to…
Arc closes Fixed Income Plan 5 early and opens Fixed Income Plan 6
Arc Capital & Income has closed its Fixed Income Plan 5 two weeks early due to a high level of demand. Consequently, Arc has opened its next issue, the Fixed Income Plan 6. The five-year plan offers two income options linked to the FTSE 100 and the S&P…
ABN Amro combines Bric, infrastructure and commodities in Australia
ABN Amro in Australia has launched the Altera Securities investment which provides exposure to Bric emerging economies, the food and energy sectors and global infrastructure.
S&P proffers Asia property
Index provider Standard & Poor’s has launched the S&P Asia Property 40 Index which offers exposure to listed companies in the Asian property and real estate markets. The index is designed to underlie investment instruments such as structured products and…
Risk management concerns focus attention on technology solutions
Risk management solutions
Three early lessons from the subprime crisis
Academic Paper