Structured Products - 2008-12-01
Articles in this issue
Stepping stones
Risk-averse retail investors are shying away from fully regulated sales products that are capital at risk in favour of deposits. But structured products provide a natural stepping stone for Yorkshire Building Society to bridge this gap while delivering…
Compliant commodities
Product reviews
The transparency tide
The issue of counterparty risk and how best to convey it to retail investors dominated the agenda at the Structured Products Europe conference. Delegates explored ways of identifying and mitigating risk, while the rise in structured funds and regulation…
Lehman restructured
The collapse of Lehman Brothers left billions of dollars of structured notes with unhedged exposures, prompting issuers to scramble for new counterparties to restructure trades. Meanwhile, some structured product providers have offered hope to investors…
Fuelling an emissions market
The carbon emissions credits market is heating up as investors are increasingly able to tap into the theme via structured products and exchange-traded funds. But how viable is the carbon theme as an underlying and what challenges do structured products…
Hot and gold
Two gold-linked products are on offer, one by Quantum Asset Management in the UK, and another by Morgan Stanley in the US. Both are attractive propositions, though the US product has more obvious advantages
The ideal copy
A series of hedge fund redemptions in the third quarter of 2008 have alerted investors to just how illiquid these investments can be. Add in the restrictions that some of funds have placed on withdrawing cash, and it is easy to see why structured…
Richardson's rich pickings
After partnering with Credit Suisse earlier this year to sell structured notes, Richardson Partners Financial has found news ways to adapt its offering to high-net-worth clients amid an exceptionally tough financial climate in Canada - and its business…
Looking up down under
Omniwealth
Linking to UK banking stocks
Cater Allen Private Bank is offering a capital-protected kickout product linked to a portfolio of four UK banking stocks. The potential return is 11%, although final averaging can constrain growth in a rising market
Structured Products Online
Web Stats
Catching the wave
Dealers are offering a swathe of volatility-linked products in Asia both as risk-reduction and investment tools, generally based on fear gauge, the Vix index. How are these products catching on in the region? Georgina Lee reports
Sourcing security
Markets
Market snapshot
Tim Mortimer of Future Value Consultants looks at the pricing issues for structured products in different markets and provides his trade of the month
Stabilisers for all
BNP Paribas has launched the Privalto Stabiliser, a six-year simple growth product linked to equity, commodity, currency and property. Capital protection is included as part of the package unless the early exit feature is exercised
Academy Insight
Corporate statement
CS indicative market data
Data by Credit Suisse