Structured products
JovFunds Management - Changing lanes
Americas
Credit too hot to handle
Some distributors in Asia are offering first-to-default retail credit notes that give sovereign exposure, signalling a revival of interest in credit. But heavy mark-to-market losses and the use of CDOs as underlying collateral in previous issues have…
Keydata offers kickouts - Product review
Keydata Investment Services is offering a six-year multi-kickout product linked to the FTSE 100 for which capital is not protected at maturity only if the final index level is below the 50% barrier. Potential returns are 12% (not compounded) annually
Lookback
Comment
Easy returns in either direction - Product review
JP Morgan has released a one-year straddle product based on four Asian indexes that offers 200% participation on the upside and 100% on the downside, subject to maximum returns of 17.2% and 10%, in addition to principal
The road to superannuation
Markets
Early trade slow at Canada's carbon exchange
The first Canadian carbon emissions exchange has opened for trading, but may struggle to find traction amid regulatory uncertainty, finds Katie Holliday
Texas power spikes set tone for summer
Recent surges in US wholesale power prices are driving debate as to whether current spark spreads are large enough to encourage new build. David Watkins reports
Comeback for convertibles
Taiwan
Curbing controls
Profile
Chinese banks seek global standards
Risk management