Structured products
The sewers of Jefferson County
Auction-rate Securities
Faltering flows
Prime broking
Poachers strip UBS of London wealth management staff
Daily news headlines
Blue Sky appoints managing director and chief investment officer
Investment boutique Blue Sky Asset Management has appointed James Chu as managing director and chief investment officer, based in London. Chu, who co-founded Blue Sky along with Chris Taylor, chief executive, will work alongside former HSBC Asset…
S&P offers commodities and natural resources
Index provider Standard & Poor’s has launched two new indexes: the S&P Global Natural Resources and PMI Commodities and Resources indexes, which are designed to provide exposure to the commodities and natural resources sectors.
ETF expert Deborah Fuhr steps down from managing director role
Deborah Fuhr has stepped down from her position as a managing director based in London at Morgan Stanley this week, according to the investment bank. While Fuhr remains at Morgan Stanley, the bank offers no comment on what role she will now occupy.
JP Morgan debuts in Singapore; launches first Asian structured funds
JP Morgan has launched its first structured product for Singapore retail investors and has also brought to market two retail structured funds in Asia for the first time.
SocGen backing the return of credit
Société Générale Corporate and Investment Banking (SGCIB) has launched the SGA Series 15 Emerging Asia Retail Notes, a first-to-default credit-linked offering to retail investors in Singapore. The notes provide exposure to China, India, Korea, Thailand…
Central clearing house becomes a reality
Clearing Corporation, a Chicago-based clearing house, and the New York-based Depository Trust and Clearing Corporation (DTCC) will launch central counterparty clearing services for a range of over-the-counter credit derivatives in the third quarter.
Krein moves into the mainstream
David Krein has joined Dow Jones Indexes as senior director, institutional markets, moving from DTB Capital, a financial services firm that he founded in 2006. Krein will be a representative of DJ Indexes to the institutional investment community…
Iosco stiffens code of conduct for rating agencies
The Madrid-based International Organisation of Securities Commissions (Iosco) has issued a report tightening its voluntary code of conduct for rating agencies.
CFTC seeks greater energy market transparency
The US Commodity Futures Trading Commission (CFTC) has launched a series of new initiatives with which it hopes to increase the transparency of the energy futures markets.
Rising costs hinder new power plant builds
Costs of building new power plants in North America have surged dramatically since 2000 and will continue to rise, the IHS CERA Power Capital Costs Index (PCCI) has revealed. According to the index, the costs have escalated by 130% since 2000 and…
Marking to market, to model or to matrix?
10. Mark-to-market