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Portfolio Construction and Management
Edited by Brice Benaben and Julien Jarmoszko
Articles by Risk Staff
Waiting in the wings
The long-mooted inclusion of the aviation sector in the European Union's emissions trading scheme is finally on the radar screen. Roderick Bruce discovers whether stakeholders are ready for take off
FFAs: rocking the boat?
The Baltic Dry Index (BDI) plumbed the depths in early 2008, sinking from record highs in late 2007. Some have blamed derivatives market activity for the sharp fall. Roderick Bruce casts a beady eye over the BDI and asks where prices are heading next
Germany's autocallable kickout
A raft of autocallable kickout products in Germany are exemplified by two deals this month, based on the stock of DaimlerChrysler and SAP. Double-digit coupons are on offer for both, as is the chance of a bonus should the barrier not be breached
Linking to the DJ Stoxx 50
Barclays is offering a five-year income product linked to the DJ Stoxx 50 index - rather than the DJ Eurostoxx 50 - that pays an annual income of 7.25%, or 1.8% per quarter, with a growth option attached
High coupons, high volatility
BNP Paribas has released dispersion products that are based on euro rates, a global emerging markets currency basket and global money market rates. Capital is protected and the annual income on offer has the potential to exceed the risk-free rate