Structured products
Ashurst hires Nick Terras to bolster derivatives products group
Nick Terras has left Schulte Roth & Zabel to join Ashurst's derivatives products group in London
Wiener Börse launches two fundamental indexes
The Vienna Stock Exchange has launched the CECE Fundamental and the CEETX Fundamental indexes
US Wrap: Accelerated growth and reverse convertibles share the spoils
In a low-issuance US market, accelerated growth structures and reverse convertibles lead the way
Deutsche Bank adds five to wealth unit in Hong Kong
German bank moves to increase its private banking coverage for North Asia
New short-bond ETFs facilitate interest rate hedging and directional views
Deutsche Bank has listed short-bond ETFs on the London Stock Exchange as an interest rate hedge or for taking directional views on UK and US sovereign debt
ETF Securities offers emerging markets and G10 currency exposure
Exchange-traded currencies target retail and institutional investors
JP Morgan names Cohen as Asia head of ultra-HWI private banking
US bank seeks to put in place senior management to take on the lucrative Asian wealth market.
Credit Suisse expands Australia equity derivatives with Kiely hire
Credit Suisse has expanded its equity derivatives and structured products operations in Australia with the appointment of Lucas Kiely as director and head of equity derivatives sales and Chelsea Wise as director and head of structured products sales
S&P creates taxable municipal bond index; talks structured products and ETFs
Standard and Poor's Taxable Municipal Bond Index offers exposure to a market that has grown substantially since the beginning of 2009.
Morgan Stanley bolsters EQD team
Newcomers to focus on the Middle East and North Africa (MENA) region.
UBS creates reverse convertible index to beat deposit returns
UBS index meets demand from German retail investors for regular income that beats the European Central Bank's base rate.
Capital protection retains its allure in Switzerland, SSPA
Investors continue to buy capital-protected products, but shy away from leverage.
Investors keep options open with floored and collared FRNs, RBC
Floored and capped floating-rate notes have become increasingly popular with investors seeking low-risk investments.
UK ETF trading reaches record levels in May, says Barclays
The trading of ETFs in the UK recorded a healthy uptick in May, with FTSE and emerging markets-based products dominating demand.
A dynamic model for leveraged funds
Guido Giese derives a model for the performance and Sharpe ratio of leveraged and inverse index funds that follow a dynamic leveraged trading strategy, that is, they are rebalanced on a daily basis to ensure a constant degree of leverage with respect to…
Education and simplicity key to Netherlands market recovery
Investors in the Netherlands are still wary of structured products. A return to simple products and boost in educational efforts is needed to overcome this, according to bankers at Structured Products' conference for the Benelux region in Amsterdam
Citi adds three Bank of America private bankers in New York
Citi Private Bank has added three private bankers in its New York office. All have moved from US Trust, Bank of America Private Wealth Management, with two joining as managing directors and one as a senior vice-president
S&P 500 benchmarked assets reach $4.83 trillion
Standard & Poor's survey shows large gains in assets benchmarked against its indexes
US wrap: Issuance volumes soar with focus on Barclays reverse convertibles
The US market has picked up at the end of an otherwise modest week. Barclays leads the issuance with its reverse convertibles based on the financial sector