Structured products
The Latin link
In Latin America, product volumes are sliding and issuers are now happy to work on even the smallest trades. But Bulltick has managed to navigate these difficult conditions, concentrating on pricing distressed Lehman paper and dealing with now…
Stepping on the brakes
Much like other structured products that came of age during the past decade, the market crash of 2008 was the first serious test of how exchange-traded funds would react in a bear market. But while the surge in issuance has continued in Europe and Asia,…
A copy of carbon
Sterling Waterford is providing a four-year carbon credit note in South Africa for which capital is protected at maturity, although illiquid assets may make the product hard to value at the end of the term
A focus on funds
The Italian structured products market is shrinking in the global financial crisis, while exchange-traded funds race ahead. Traditional methods of guaranteeing structured products were brought into question at the Structured Products Milan conference,…
Income and inflation cover
Investec is offering a five-year income product linked to the FTSE 100 with coupons linked to inflation. Capital is not protected at maturity if the 50% barrier is breached at any time during the life of the product
Swiss sophistication
Swiss investors have been stung by losses stemming from typical worst-of structures, while the aftermath of the credit crunch is eroding confidence even further. But New Private Bank is restoring some faith with original structures and a safe approach to…
