Feature
Julius Baer hires head of structured products from Clariden Leu
Switzerland’s Julius Baer has hired Richard Loretan from Clariden Leu as head of structured products. Zurich-based Loretan will start on January 1 2008 and will report to Peter Gerlach, head of markets.
Rabobank launches structured products linked to stock exchanges
Rabobank has launched three structured products linked to the share prices of three Asian stock exchanges: Hong Kong Exchanges and Clearing (HKex), the Singapore Exchange (SGX) and Bursa Malaysia (Bursa).
NDF Administration launches new product
UK-based distributor NDF Administration has launched the Growth Kick Out Plan August 07 which offers an annual coupon of 15%.
Meteor’s diversified rainbow reduces risk
Meteor Asset Management, the investment and retail products arm of Meteor Capital Holdings, has launched the Rainbow Plan, a product which is intended to reduce potential risk in the face of global economic uncertainty.
Clariden Leu promotes internally for structured products
Swiss private bank Clariden Leu has promoted Erwin Hefti to replace Richard Loretan as head of structured products. Zurich-based Hefti will report to Clariden Leu’s interim chief executive officer of investment products Martin Klaus.
S&P launches three Shariah Indexes
S&P has launched three new Shariah compliant indexes, the S&P/Citigroup Global Property, Pan Arab, and the World Property Shariah indexes. The indexes cover the Pan Arab region and publicly traded property companies in developed and emerging markets.
S&P launches three global thematic indexes
S&P has launched three new Global indexes, the Timber & Forestry Index, the Nuclear Energy Index and the Alternative Energy Index which access emerging investment themes within the global markets.
Structured products exchange renamed Scoach
The structured products joint venture between the SWX Group and Deutsche Börse has been renamed Scoach.
BNP Paribas adds in EM structuring
BNP Paribas has appointed Vlad Galea as head of Emerging Markets structuring in Europe, within Fixed Income’s Institutional Client Group (ICG). The role incorporates all structuring, with Galea reporting to Kara Lemont, European head of FX and Interest…
Pimco strengthens in Europe
Pimco has added Ilan Heimann as a product manager in its London-based European product management group. Heimann will report to Craig Dawson, head of the group, and joins as a senior vice-president and product manager responsible for the “product…
Rothwell departs Barcap for JP Morgan
Giles Rothwell will join JP Morgan as global head of Structured Investments Distributor Marketing in November, leaving a similar position at Barclays Capital, where he has spent the last 11 years. At JP Morgan, Rothwell will head up a business previously…
S&P launches US commercial real estate indexes
S&P and real estate research and investment management group GRA have launched 10 S&P/GRA commercial real estate indexes (SPCREX), which measure the changes in commercial real estate prices by property sector and geographic region in the US.
SGI launches three new indexes
Société Générale Index (SGI) has launched the SGI Wise family of indexes, based on the proprietary Wise Model that aims to outperform European equity markets.
Société Générale and Calyon finalise brokerage merger
Société Générale and Calyon reached an agreement to merge the brokerage units of their respective subsidiaries, Fimat and Calyon Financial. The banks say they expect the new entity, Newedge, to be launched in early 2008, subject to the approval of…
Dow Jones launches recovered paper indexes
Dow Jones Indexes has launched seven DJ Recovered Papers Indexes, one for each US region that participates in physical transactions of OCC #11 grade corrugated paper.
Arc developing new Bull & Bear Plan
UK-based distributor Arc Capital and Income is currently developing a third version of the Bull & Bear product range.
S&P launches investable index for frontier equity markets
S&P has launched the S&P/IFCG Extended Frontier 150 Index, a fully investable index for frontier equity markets.
Credit Suisse adds Assoun
Yan Assoun is joining Credit Suisse as a managing director and head of European Equity Derivatives trading, reporting to Simon Yates, head of global equity derivatives and co-head of European Equities. Assoun will join the bank on November 5 and will be…
ETF trading surges on LSE
Exchange-traded funds (ETFs) trading value on the London Stock Exchange (LSE) increased by 175% to £3.3 billion on July last year.
Deutsche Börse launches two new indexes
Deutsche Börse has launched two Daxglobal indexes, the Agribusiness Index and Nuclear Energy Index.
SGAM AI’s new Ucits fund replicates hedge funds
SGAM Alternative Investments (SGAM AI) has launched a Ucits-III compliant mutual fund using the concept of the T-Rex (Total Return Exposure) strategy, which replicates synthetically the performance of the Hedge Funds Research (HFR) Index. This is…
IFAs shy away from hedge fund and commodity underlyings
More than half of independent financial advisors (IFAs) recommend structured products linked to property markets but only a minority consider products tied to hedge funds or commodities, according to research from Barclays Wealth.
Keydata re-enters market with two new products
UK-based distributor Keydata Investment Services has launched both the Dynamic Growth Plan (DGP) and the Extra Income Plan (EIP).
Vanguard launches ETF tracking MSCI EAFE Index
Vanguard has launched the Europe Pacific ETF, which tracks the performance of the MSCI EAFE Index (Europe, Australasia, Far East).