Structured Products - Volume 8/Issue 5

Articles in this issue
Surge in emerging markets ETF investments in January, as ETF providers lean towards Latin American products
Emerging markets equity ETFs took a big hit in 2011. But since the start of the new year there has been a surge of investor interest in these products. And State Street and iShares are both favouring Latin America
Japan FSA asks for transparent double-deckers
Double-deckers in for a bumpy ride
Lyxor adds smart strategies to commodity ETFs
Lyxor has launched a new range of commodity exchange-traded funds on the London Stock Exchange, offering investors broadly diversified commodity exposure through a combination of four strategies
Belgian private banks shy away from structured products
Extracting value from high-net-worth investors became a priority for Belgian banks in response to the Financial Services and Markets Authority's moratorium, but as mounting regulatory pressure spooks investors, private banks are bringing their structured…
Structured Investment Group picks FTSE 100 for debut UK product
Four times the index
Energy sector drives commodity ETPs higher
With continued tension in the Middle East putting upward pressure on oil prices, commodity exchange-traded products have seen strong inflows so far in 2012, led by energy and precious metals
Investec offers choice of underlyings
The choice is yours
FTSE, S&P Indices and MSCI form trade association
The index providers have joined forces to launch an independent global trade body, the Index Industry Association
FSA more sanguine on structured deposits as Lord Turner scorns innovation
The UK Financial Services Authority has issued another massive document containing its thoughts on structured products and, notably, stating that its concerns about structured deposits are no longer critical
Macquarie to offer bespoke beta and absolute return commodity products from June
Macquarie is extending its existing commodity sales and trading platform with the launch of a commodity investor products business, which will be led by ex-Goldman Sachs global head of commodities
UBS offers autocallable with low barrier
Swing low
FVC custom indexes
FVC custom indexes
Dow Jones Indexes offers broader Russia index for use in Lyxor ETF
Dow Jones Indexes has increased the number of components in the Russia GDR Index to 17 for use in the Lyxor ETF Russia exchange-traded fund
Latest FSC crackdown decimates South Korean equity-linked warrants market
New rules on liquidity provider quotation thresholds see spreads widen and equity-linked warrants turnover plummet by more than 90%, leading investors to look offshore
Exchange-traded notes see huge demand in South Africa
Speeding into listed products
Midwood's wider palette
Midwood's wider palette
Sasfin punches above its weight
Hybrids to commodities
Market snapshot
Market snapshot
Asian investors warm to volatility as demand for yield enhancement strategies grows
The need for better returns in a low-yield market environment is encouraging Asian investors to take a closer look at alternative investment strategies and the use of volatility as a hedging tool, with banks launching more enhanced, dynamic strategies in…
South African investors favour gold ETFs over gold stocks
South African gold mining stocks underperformed the world's largest gold ETF by 10% in 2011, boosting demand for gold exchange-traded funds
Trade of the month: Linear payout combinations
Trade of the month: Linear payout combinations
ETF providers look to alternative beta
Weighing the alternatives
South African structurers struggle to meet demand for tax efficiency
Changes to the capital gains tax regime in South Africa are skewing returns and could pose increasing problems for product structurers, warn market participants
Product performance
Product performance
New EC rules on Prips to be released in the form of a regulation
Legislation the European Commission is preparing for structured products is being circulated to European Union member states and will come in the form of a regulation. Richard Jory analyses the final draft document
UK distributors get defensive with volatility structures and multi-asset deposits
The UK structured products markets is still saturated with FTSE-linked deposits, though a few exotics are appearing on the menu
FSA releases final guidance as well as complexity insight
The UK Financial Services Authority released its final guidance on retail structured products on March 23. The consumer protection document was released by the regulator ahead of more statements of extreme caution from FSA chairman Adair Turner and after…
Editorial: Safety in deposits
Editor's letter
Sponsored statement: The Royal Bank of Scotland
MarketDirect transforms automated pricing and trading
Société Générale Private Banking names new commercial head
Societe General Private Banking names new commercial head
Index roundup
Index roundup
ETF roundup
ETF roundup
Regulator interview: Esma's Steven Maijoor reveals all on ETFs
Regulator Q&A: Steven Maijoor
Lookback
Lookback