Feature
CDS: Spreads narrow ; market eyes economic data
Credit default swap 5-year mid-levels for structured products issuers (June 19)
US Wrap: Reverse convertibles vanish from end of week offering
The dominance of reverse convertible structures this week came to an end yesterday, when only a single growth and one kick out structure were issued. Royal Bank of Canada launched the latter, offering investors exposure to the S&P 500 index over 18…
US Wrap: UBS joins reverse convertible action
UBS continued the run of reverse convertibles in the US market, adding three to the 27 notes already issued this week by an assortment of providers. Some of the more popular equities are making second appearances: Freeport, Schlumberger and JP Morgan…
Nayak takes up global structuring at Deutsche Bank
Ram Nayak has been appointed head of global markets structuring at Deutsche Bank, taking responsibility for Deutsche's multi-asset class structuring capabilities across product and coverage businesses. Nayak will take over some of the responsibilities of…
CDS: Spreads rally for first time this week
Credit default swap 5-year mid-levels for structured products issuers (June 18)
Troika Dialog issues capital protected notes in Russia
Troika Dialog closed the book earlier today on its first issue of capital protected notes in Russia. The Troika Index Bonds were issued by a special purpose vehicle - OAO Troika Invest - and incorporate a binding offer from by Troika Dialog Investment…
CDS: Spreads widen again; S&P downgrades 22 US banks
Credit default swap 5-year mid-levels for structured products issuers (June 17)
US Wrap: Providers scramble to launch reverse convertibles
Three different providers launched reverse convertibles into the US market yesterday, racking up a total of 13 of the structures. JP Morgan, Barclays and ABN Amro all launched notes, most included metal producers Alcoa and US Steel, and financials Wells…
Pure Capital offers targeted negative correlation
Pure Capital, a New Zealand-based quant hedge fund manager, has launched a new open ended fund which aims to provide protection similar to a structured product but make money in both rising and falling markets, replicating the standard strategy adopted…
Carbon copies from Croci
The financial crisis generally puts paid to all things environmental, but not now. Deutsche Bank has just launched to retail and institutional investors two new Ucits III funds based on "a stock portfolio of attractively valued companies with low…
CDS: Spreads widening trend continues
Credit default swap 5-year mid-levels for structured products issuers (June 16)
Vienna Stock Exchange offers fundamental blue chip exposure
The Vienna Stock Exchange (VSE) has launched a new fundamental version of the Austrian Traded Index (ATX), the benchmark Austrian equity index. The index uses a new method of weighting instead of the traditional market capitalisation model to take into…
Keydata sale expected this week, says insolvency administrator
Keydaya Investment Services will be sold as a going concern this week, according to PricewaterhouseCoopers, the company's insolvency administrator. In the interim, the Defined Income Plan Issue Keydata launched hours before the UK Financial Services…
CDS: Spreads widen on credit quality fears
Credit default swap 5-year mid-levels for structured products issuers (June 15)
Compensation still high on the agenda for lawmakers
Editor's blog
CDS: Spreads widen for second day
Credit default swap 5-year mid-levels for structured products issuers (June 12)
CDS: Spreads widen; eyeing Treasury yields
Credit default swap 5-year mid-levels for structured products issuers (June 10)
CDS: Spreads narrow on renewed risk appetite
Credit default swap 5-year mid-levels for structured products issuers (June 10)
Deposits turn to rates and inflation in US
Rates and inflation-linked certificates of deposit are being launched by US providers as sales of the government-backed investments continue to be robust. Wells Fargo, HSBC and JP Morgan are all offering structures which expose investors to changes in…
NDFA throws its hat in the ring for Keydata
Around an hour after Jubilee Financial Products made public its interest in buying Keydata Investment Services, which was declared insolvent by the UK Financial Services Authority yesterday morning, NDFA has declared its interest in buying the UK…
Jubilee asks after Keydata Investment Services
Jubilee Financial Products has approached Keydata Investment Services, through its insolvency administrator PricewaterhouseCoopers (PwC), with an expression of interest to buy the company.
Swiss trade body unveils product risk classifications
The Swiss Structured Products Association is to launch a new online risk classification system for all listed structured products in Switzerland from the beginning of July. Products will now receive an SSPA risk rating based on the value at risk of the…
CDS: Spreads narrow on improved sentiment
Credit default swap 5-year mid-levels for structured products issuers (June 9)