Structured Products - May 2015
Articles in this issue
Momentum strategies divide smart beta index developers
Index providers disagree over use of rebalancing triggers when constructing momentum strategies
French regulator bears down on unlicensed brokers
Autorité des Marchés Financiers aiming to prevent losses among speculative investors
Numerix tops Structured Products technology rankings 2015
Numerix stays ahead of the pack; run close by Bloomberg and Thomson Reuters
All change as investors favour ETFs over futures
High roll costs and inefficient tracking spark shift
Equity swaps clearing plans divide industry
Moves by CCPs to clear equity swaps leave market deeply divided
Bank technology provider of the year: Societe Generale
Alpha SP platform has revolutionised product pricing, say distributors
Smart beta growth nearing peak, says Solactive boss
Steffen Scheuble says growth in mainstream strategies may be nearing saturation point
Index provider of the year: MSCI
Firm praised for transparent approach to index construction and pioneering partnerships with exchanges
A closer look at momentum-driven smart beta strategies
Investors seeking returns from momentum strategies should know what’s under the hood
Solactive: outfoxing the index big guns with fintech focus
Cheaper pricing, efficient technology and transparent approach to data help firm compete against large providers
FVC review: Deutsche Bank launches dual-directional Euro Stoxx 50 play
18-month product offers investors gains if index rises or falls modestly
FVC retrospective: UniCredit’s reverse convertible on Deutsche Bank stock matures
Product offered a fixed coupon of 4.75% and sizeable downside protection
People: UBS names new Americas co-heads of equities
Chris Leone and Dushyant Chadha replace Paul Galietto
FVC review: Barclays issues reverse convertible on GoPro
Six-month product on volatile stock comes with an American-style barrier
FVC retrospective: Goldman’s Euro Stoxx 50 note returns 143%
Total return would have beaten cash holdings or index trackers
Institutional investor of the year: Dow Chemical Pension Plans
Fund’s decision to embrace risk premia strategy pays off
Deal of the year: Incapital/Goldman Sachs
Phenomenal growth of latest Momentum Builder product outstrips rivals
Institutional structurer of the year: JP Morgan
Bank moved early to meet institutional demand for smart beta allocations
North America house of the year: JP Morgan
Bank has consolidated its share of the retail market and gained ground in annuities
Structured Products Americas Awards 2015: the winners
JP Morgan and BBVA retain crowns as regional houses of the year
Retail structurer of the year: BNP Paribas
Bank has sought to bring new investors into structured products market with innovative deals
Risk manager of the year: Credit Suisse
Bank’s fluid approach to risk recycling allows tighter pricing than slower rivals
Editorial: piecing together the smart beta puzzle
Growth in strategies such as momentum is predicted to slow – but we aren't there yet
Technology vendor of the year: Moody's Analytics
Firm leverages credit market expertise to ride crest of CLO revival
Latin America house of the year: BBVA
Bank has made the Latin America quanto structured products market its own
Law firm of the year: Davis Polk
Firm advised on a huge roster of deals in 2014
