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Maybank launches autocall structured deposit

Malaysian distributor Maybank has launched its Autocall Structured Deposit (MASD) providing exposure to the Chinese equity market. The trade aims to participate in the recovery of a portfolio of stocks linked to China's infrastructure sector.

US Wrap: Barclays back with reverse convertibles

Barclays launched 11 reverse convertibles into the US market yesterday, its first significant chunk of issuance of the structure since its bumper day of 22 notes on March 19. The US equity-linked products constituted well over half of the 17 products…

S&P and Korea Exchange launch new indexes

Index provider S&P, in collaboration with the Korean Exchange (KRX), has launched two indexes: the S&P/KRX Asia 100 and Exchanges indexes, which are the first since S&P and KRX announced a partnership in September last year, and are designed to underlie…

Distressed strategy comes into play

The deep discounts on debt securities and expectations of a sharp increase in defaults have created a groundswell of interest in distressed debt strategies. Hedge Funds Review talks to fund managers about this strategy.

Mixed reception for 130/30

Despite the enthusiasm with which the 130/30 strategy was first greeted, funds using this technique have failed to attract as much interest as first predicted. Hedge Funds Review talks to a variety of managers about the future for 130/30

Derivatives head for clearing

After the collapse of Lehman Brothers and the bailout of AIG, financial service regulators are searching for a way to bring order to the over-the-counter derivatives market. Top of the list are actions aimed at credit default swaps. US Editor Kris…

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