Structured products
Credit Suisse unveils hedge fund replication index
Credit Suisse has launched a new long/short equity replication index. The index is the first in the Alternative Index Replication (Air) product series, and is designed to replicate the performance of hedge fund strategies.
Investec releases its range
Investec Structured Products has launched a range of continuously available retail products which are divided into four key categories: Accumulation, Investment, Income and Structured Funds.
DGCX to launch two new crude oil futures contracts
Two new crude oil futures products will be launched by the Dubai Gold & Commodities Exchange (DGCX) on 27 May.
S&P offers commodity and equity agribusiness exposure
Standard & Poor’s has unveiled the Global Agribusiness Composite Index, which is the latest launch in its global thematic index series. The new index combines both its GSCI Agriculture and Livestock sub-sector indexes with the S&P Global Agribusiness to…
Corporates shy away from FX e-trading
Corporates have been avoiding the use of electronic platforms in the execution of their foreign exchange (FX) trades, with most showing a preference for traditional voice trading.
Lehman launches Enhanced Returns and Emerging Markets plans
Lehman Brothers has launched issue 4 of the capital protected Enhanced Returns Plan, offering fixed returns of either 55% for a five-year or 25% for a three-year term. Both the options provide fixed returns provided the FTSE 100 index is equal to or…
Back to basics: non-determinant deposits
Liquidity and Deposits
Growing ambition
The appointment of Doug Naidus as global co-head of residential mortgage origination and trading at Deutsche Bank is a reflection of how much has changed since the bank bought MortgageIT last year. Here, he talks with Mortgage Risk about the firm's move…
Buying power?
GSEs
Wider Libor-OIS spreads can offer cheaper MBS funding opportunities
UBS report reveals investors could be able to access attractive mortgage-backed securities funding
Mortgage lenders to follow in HBOS and RBS footsteps
Rights issues are the flavour of the month, with mortgage lenders following some of the larger banks' example as they seek to boost long-term solvency ratios
Get a fix on floating-rate risk
Commercial Property
Nationwide's mortgage cut-back adds fuel to fears of market slump
Market commentators "surprised" as lenders look to cut back on risky mortgage offerings
A bright future?
Mexico
Returning heroes
GSEs
Credit crisis past its worst, claims Bank of England
Despite the optimism from the central bank's latest report, analysts believe it will still take some time before such confidence filters down into the mortgage-backed securities business
Promising developments
Historically, cross-border mortgage lending has been a limited market with select players offering piecemeal loans to those looking for holiday homes. Now originators are assessing the potential of so-called emerging mortgage markets, where new ventures…
Oil and gas industry costs reach new highs
Costs of constructing new oil and gas upstream and downstream facilities have reached record highs, according to indices compiled by IHS/Cambridge Energy Research Associates (CERA).
Distributor-investor principles draft released by trade associations
Five trade associations – grouped together as the Joint Action Committee (Jac) – have released an exposure draft of ‘Structured Products: Principles for Managing the Distributor-Individual Investor Relationship’. The principles complement those affecting…
Keydata adds seventh Dynamic Growth plan and more
Keydata Investment Services has unveiled an array of new structured products. Its five-year Dynamic Growth Plan Plus issue seven offers two times any rise in the FTSE 100 index, subject to a maximum investment growth of 90%. Issue eight of the same plan…
Morgan Stanley paves access to UK property for retail investors
Morgan Stanley has launched four structured products offering access to UK commercial property, Asia (ex Japan) equity as well as two FTSE 100-linked products. The Morgan Stanley UK Commercial Property Growth Plan 1 provides full return of capital at…