Structured products
Fear of tail risk drives new derivative product
A new derivative product will allow buyers and sellers to take levered positions on equity and exchange-traded funds without worrying about tail risk, its designer says.
Greece guarantees deposits: Sarkozy proposes EU bail-out
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HK SFC tells issuers to review risk disclosure and product descriptions
The Hong Kong Securities and Futures Commission (SFC) has issued a circular which requires all issuers of retail investment products to review whether risk disclosure and product descriptions are adequate. The circular was issued in response to…
SEC extends short selling ban
The US Securities and Exchange Commission (SEC) has extended its ban on the short selling of financial stocks to October 17, in order to give the US Congress time to vote through measures aimed at stabilising the financial markets.
Bank of England extends eligible collateral for repo facility
The Bank of England (BoE) on Friday extended the range of collateral eligible for its weekly sterling three-month repo facility to include AAA-rated asset backed securities (ABSs) of corporate and consumer loans and highly rated asset-backed commercial…
Greece follows Ireland's lead in savings guarantees
Greek finance minister Giorgos Alogoskoufis said yesterday the Greek government would guarantee its citizens' savings, following the decision of the Irish government to do the same earlier this week.
Bloxham offers financials with Irish government guarantee
Bloxham Asset Management, an independent investment services firm, has launched a new deposit product for Irish investors which exposes them to potential financial stock recovery. The product launch comes as the Irish government announced on Tuesday that…
Investec unveils fourth series
Investec Structured Products has launched its fourth series of plans comprising products within its accumulation, investment and income categories.
CDS spreads widen despite bailout approval
Credit default swaps (CDSs) on a number of major dealers widened yesterday in spite of the US Senate vote on a revised $700 billion financial rescue plan.
More jobs to go at Lehman Brothers
Following Lehman Brothers’ filing for Chapter 11 bankruptcy on September 15, the bank's failure has hit its employees hard, with further redundancies announced earlier this week.
Hope for markets as Senate rescues bailout
Financial stocks rose this morning in Europe after the US Senate passed an amended version of the planned $700 billion financial bailout bill.
EU considers tougher capital rules for banks
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Hedge fund regimes come under closer scrutiny as industry matures and expands
administration and regulation
Focus on regional strategies brings value for investment managers
Following a strategy focused on a specific region gives managers a chance to concentrate on a specific universe of investment opportunities that can bring good returns for portfolios. Stephen Quigley and Jamie Wynn-Williams talk to managers running funds…