Structured Products - February 2014
Articles in this issue
Structured Products Americas Awards 2014: Call for entries
Structured Products Americas Awards 2014: Enter now!
Structured products can underperform a simple stock and bond portfolio, study finds
A group of PhDs churned through 18,000 structured products issued by 13 leading banks, including Barclays, Goldman Sachs and UBS, to find out what investors in the products earned. In November, they published their results. Yakob Peterseil talks to one…
Retail investors may be paying tax unnecessarily
A loophole in the UK's tax rules relating to financial advisers means investors can avoid paying VAT on certain transactions, but some advisers could be charging it nevertheless
SEC targets ‘protected’ and ‘guaranteed’ fund names
After criticising the use of the term “principal protected” in structured notes, the SEC turns to ETFs and mutual funds that promise protection from loss in their names
SEC's Amy Starr: we are scrutinising ETNs
ETNs pose many of the same disclosure risks as structured notes and may be the subject of future guidance, suggested the SEC’s top structured products regulator and author of last year’s letter to US banks
Focus Structured Solutions makes debut in UK structured products
Credit Suisse distributor launches three UK structured products with 60% European barriers
Biggest burden from Camp’s comprehensive tax review could fall on retail investors
After thinking they would be ignored in a broad reform of the US tax system led by David Camp, retail investors could find themselves in the firing line for phantom income tax, say bankers
UK's Tier One Capital seeks secondary structured products
Listed products are secondary nature at Tier One Capital
Structured deposits face uncertain future under UK ring-fence plans
Caught in the net
HVB note offers annual income on Deutsche Bank stock
HVB offers annual income
Riskier structured products with 60% barriers could be 'shockers' of the future, says insider
Capital-at-risk products with a 60% barrier have crept into the retail market and are becoming increasingly ubiquitous. But is the extra risk they pose appropriate for retail investors?
Gilliat offers three ways to play international markets
New internationalists
What’s next for FX structured products, ETFs and indexes?
Sponsored forum: Bloomberg Indexes
Finra bears down on complex structured products
Topping the regulator's list of priorities for 2014 is ensuring that US brokers make adequate enquiries before offering complex products to retail investors
How to capture growth in an autocallable world
Strategists are cautioning investors to look beyond autocallables and take advantage of low volatility to buy growth products. The banks have listened, engineering new solutions to capture upside. But will investors take the bait? Yakob Peterseil reports.
Morgan Stanley's 2013 maturity structured products deliver healthy returns
Six Morgan Stanley retail products maturing in 2013 produced annualised returns of 11–14%, while the bank's worst-performing growth products came in flat to the market
Trade of the month: Risk assessment
Trade of the month: Risk assessment
RBC reverse convertible taps 3D printing revolution
The next dimension
S&P Dow Jones Indices launches Total China series
Total China BMI series provides complete picture of China's equity market; MSCI licenses hedged indexes to UBS; FTSE launches UK digital sector benchmark
Closing the gap between structured products and funds
Rise of the chameleons
Risk premia: the end of the road for smart beta?
Editor's letter
People: SEC names head of complex investments unit
People: SEC names new head of complex products unit
