Structured products
The cream of the crop
The Structured Products Awards for Europe 2009 were presented on November 18 at the Park Plaza Victoria in London by celebrity guest speaker, the comedian Sean Lock. Barclays Capital was named house of the year and Credit Suisse took the award for equity…
The index artists
The past 12 months have posed a new set of challenges for the indexing and exchange-traded fund markets. But as delegates to the Art of Indexing Summit USA in New York heard on October 28, providers are adapting to the changed landscape. Now it is simply…
Statement of intent
Aviva Investors has made a decisive leap into the global structured products market, hiring an industry veteran to lead its multi-asset-class rollout. Sophia Morrell talks to Stephane Rougier, the ex-Lehman Brothers banker who is leading the push.
Adding bulls and bears
Handelsbanken has had a good year, helped by its incorporation of bull and bear strategies and move into covered warrants. Richard Jory talks to Peter Frösell about providing trading products to complement the capital-protected and certificate investor…
Continued high default rate in 2010 predicted by S&P
Standard & Poor’s (S&P) expects between 55 and 75 West European companies with speculative-grade credit ratings to default in 2010, continuing an above-average default rate.
ABS retention tension
A report by the Committee of European Banking Supervisors last month criticised aspects of a proposal to require securitisation originators to retain 5% of exposures from 2011, while practitioners maintain the move will do little to align incentives…
