Structured products
Meteor defensive autocall links to FTSE 100 and Euro Stoxx 50
Meteor Asset Management is offering the newly popular defensive autocallable to UK investors, linked to the FTSE 100 and the Euro Stoxx 50. The product's American barrier has been set at a relatively safe distance from the strike levels
No kickout for UBS autocallable note but returns beat direct investment in the underlying
UBS sold an optimised autocallable structured note to US investors in February 2012 that has so far not kicked out but has paid back better than a direct investment in the underlying, the stock of Haliburton
Korean regulator allows synthetic ETFs
Issuance of South Korean ETFs to remain largely from local managers despite changes to allow synthetic ETFs
Prospectus Directive consultation: ‘Comprehensibility’ concerns top the agenda
Prospectuses for retail structured products should not be ‘legalistic’ or ‘overly mathematical’, says the UK Listings Authority, but can include payout formulae presented algebraically and examples to explain complex securities. It is perhaps no wonder…
Goldman Sachs angling for retail wallets in latest deal
Bank partners with online platform to bring its structured products directly into the hands of independent advisers
Italian anti-austerity vote could halt structured products revival, fear providers
Despite strong growth in Italy's structured products market last year, bankers say the mood has quickly turned conservative following the elections this week
Growing popularity of renminbi heralds more structured products linked to the currency
The renminbi appreciation society
China to get its first Euro Stoxx 50 ETF
Stoxx has licensed the Euro stoxx 50 to China Universal for an ETF, marking the first of its kind in the country
SEC says crucial information being withheld from investors in structured notes
In its latest letter, the SEC orders banks to highlight the difference between fair market value and issue price to help investors see what their investment is worth
Finex launches first Russia corporate bond ETF
Finex notches up industry first with LSE listing of ETF linked to Russian corporate debt
Eusipa optimistic that fall in structured products sales across Europe is a 'temporary blip'
A good start to 2013 means fall in turnover for structured investments and leverage products across six European exchanges in Q4 2012 does not spell bad news, says Eusipa
SG plans to securitise €1.9 billion of derivatives exposure
Deal is said to pay a coupon of 11% for first-loss protection – which some investors say is too low
Six terminates Scoach partnership with Deutsche Börse
Differences between German and Swiss markets cited as Six focuses on Switzerland
Editor's letter: The trouble with credit
Editorial
Index roundup: Nomura launches momentum index
Index roundup
Numerix tops the Structured Products Technology Rankings 2013
Structured Products Technology Rankings 2013
UBS fixed-income exit highlights difficulties of unwinding
Preparing to unwind
Trade of the month: Emerging markets underlyings
Trade of the month: Emerging markets underlyings
Market snapshot: Reverse convertibles back on top in the US
Market snapshot
