Brazil
Corporates with emerging market operations prove attractive to bond investors
As growth in developing economies – particularly the Bric countries of Brazil, Russia, India and China – outstrips that of the developed world, companies with sizeable emerging market exposure are looking increasingly attractive to bond investors.
World Cup trades hit fever pitch
As the dust settles on the World Cup and those that bought televisions on the basis that their national football team would win the tournament wonder how to match their rash expenditure with reality, Richard Jory reviews the copious research supporting…
CDS lessons from the emerging markets
Eurozone politicians are pushing for a ban on naked sovereign credit default swaps (CDSs) – but the eurozone CDS market is relatively young. In emerging markets, where it has a longer history, CDSs are sometimes the hero, sometimes the villain – and…
Brazil leads booming sovereign CDS trade
Sovereign CDS transactions eclipsed corporate protection volume in past nine months.
Latin America House of the Year
Structured Products Americas Awards 2010
Russia targets CLS inclusion by 2015
Settlement risk in Russia's ruble is preventing the currency realising its global ambitions
Funds the key to unlocking Spanish market
Structured products distribution in Spain stalled during the financial crisis as banks turned away from open architecture. The answer seems to lie in fund-based products, for which the distribution networks remain open. Richard Jory reports from…
Market cautious on Brazil’s 2010 oil bloc auction
News that Brazil is looking to auction more oil and gas blocs this year has met with a lukewarm reception from the oil markets as they await more clarity on the timing, production estimates and pending oil regulations, say analysts.
BP and Devon team up to develop oil sands play
BP and Devon Energy have entered into a joint venture that will use the latter’s in-situ production expertise to develop BP’s Kirby oil sands leases in Alberta, Canada.
EIA eyes Brazil for non-Opec supply growth
Brazil could be the largest source of non- Organization of Petroleum Exporting Countries (Opec) oil and liquids supply growth between 2009 and 2011, with an annual production expected to increase by 410,000 barrels per day (b/d) within this period, says…
Sponsored statement: Santander – investing in Latin American equities through derivatives
Santander is the largest financial franchise in Latin America, but that does not prevent it from acting with agility and foresight. Leveraging its expertise and capabilities in western Europe – with leadership positions in Spain and the UK – an…
Sixteen again
Arc is offering a sterling-denominated play on emerging markets - specifically the iShares MSCI Brazil Index Fund ETF and Hang Seng China Enterprise Index - which promises returns of 16% for each year of its five-year term if no kickout occurs
CDS premiums boost option participation in structured products
Participation rates and coupons in structured products are being boosted by premiums from credit default swaps (CDS) sold on sovereign and corporate entities, say dealers.
Op risk centre stage
Profile: Domingos Figueiredo de Abreu
Australia, Brazil, China, India, Korea, Mexico and Russia join Basel Committee
Daily news headlines
Brazil faulty
Profile
Incisive Itau
Banco Itau is one of the few banks in the Brazilian structured products market that is able to structure and distribute both capital-protected funds and synthetic structured notes. The fact that the bank can also hedge most of its products in-house has…
In search of flexible friends
The onshore Brazilian retail structured products market could embrace a new structured instrument next year, which would bring much-needed flexibility to a highly restrictive environment. Recent regulations for mutual funds have also given foreign banks…