Structured products
FSB concerned about counterparty and liquidity risk in ETF market
FSB warns of counterparty risk due to rapid growth of synthetic ETF market; also expresses concern about on-demand liquidity in stressed conditions, particularly linked with vertically integrated providers.
S&P to introduce Vix concept to global markets
The index provider will provide investors in Australia, Canada and India with real-time volatility indexes this year
Société Générale boards volatility bandwagon
Société Générale boards volatility bandwagon
RBS index taps Mongolian growth potential
RBS index taps Mongolian growth potential
Finra and Wall Street dismiss law firm's criticism of UBS case
Finra and Wall Street dismiss law firm's criticism of UBS case
US debt vote causing credit market uncertainty, says LGIMA
Legal & General Investment Management America’s head of fixed income, John Bender, says decision on whether to raise debt ceiling could have wider implications
UBS bolsters structured products capabilities with acquisition of Luxembourg Financial Group
UBS has beefed up its structured products offering in Europe with the €25 million acquisition of Luxembourg Financial Group, bringing with it chief executive Johan Groothaert
Capital gains tax provisions on QFII stalk China A-share ETFs
Fund managers active in offshore-listed China A-share ETFs say a 10% provision set aside for capital gains tax on A-share trading related to P-note issues is increasing tracking error for some funds. Meanwhile, others are ignoring the tax risk altogether…
EFSF expansion plans fail to convince credit investors as EU leaders branded ‘indecisive’
Investors hoped European leaders would finally provide clarity on their plans to resolve the Eurozone funding crisis at summit meetings in March. But the solutions offered have done little to dispel unrest in the market
Stoxx brings full transparency to ESG index construction
Stoxx brings full transparency to ESG index construction
Corporate statement: Société Générale Corporate & Investment Banking
Research and investment
iShares launches its first physically backed ETCs
iShares launches its first physically backed ETCs
ETF roundup
ETF roundup
Index roundup
Index roundup
Singapore efforts to become RMB offshore centre bolstered by bond funds
Barclays Capital and UOB Asset Management issue the first renminbi-denominated bond funds in Singapore for retail investors. RBS believes Singapore has the potential to be the second major offshore renminbi centre after Hong Kong
Asian investors love liquidity but drawn to risk, says BarCap survey
Asian investors love liquidity but drawn to risk, says BarCap survey
Inflation-linked structured products attract UK investors as risk appetite recovers
Inflation-linked structured products attracting UK investors
Regulation acting as bar to global long-term investing
Regulation acting as bar to global long-term investing
Protests against US Fatca tax rules gain pace with support of European Commission
New Fatca tax regulations enacted last year in the US will have a wide-reaching impact on the US financial industry. This has attracted many complaints and prompted the European Commission to call for changes to the new rules.
RBS to launch UK small-cap ETN and ETF
RBS will list a collateralised ETN based on small-cap indexes in Frankfurt and an uncollateralised version in London. An ETF on the same underlying is also planned
Technicals don’t reflect fundamental truths
Far from perfect
Japan earthquake raises cat bond uncertainty
Japan earthquake raises cat bond uncertainty
Credit Institute panellists debate Euro debt woes
Credit Institute panellists debate Euro debt woes
Time for credit investors to be selective: Nicola Marinelli column
Time to be selective