Structured products
WHAT IS THIS? Structured products are investments that have multiple components. For retail investors, the most common form is a bond plus an option – these tend to be standardised, sold in small tickets and large volumes. Managing the risks of large structured products portfolios is one of the biggest challenges dealers face.
Reaching for more
As investors face volatility in the financial markets, Irish boutique investment firm GlobalReach Securities is seeing greater demand for structured products. Pierre Cooper talks to Peter Duff, the firm’s head of private clients, about the desire to…
Seeking green shoots
Issuance and risk appetite appear to be increasing in the US market. But is this just froth or does it represent a genuine step towards recovery? Sophia Morrell assesses how confident institutional and retail clients are feeling
The road to a quality Street
The Lehman Brothers bankruptcy was unprecedented in US structured products history and brought the burgeoning market to its knees. After capitalising on certificates of deposit, there are indications that investors may be recovering their poise. Richard…
The return of risk
In the tussle between fear and greed, greed is easing back into the driving seat. So said Alan Kerr, managing director of Harbourmaster Capital and chairman of the Structured Products Ireland conference, held on September 15 in Dublin. Transparency,…
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
Product performance
We examine the performance of three product types that share the same strike date in February 2009
Structured Products -- A Short Video
Editor Richard Jory welcomes the Structured Products community to the magazine's new online home.
Corporate statement: German investment
With investor confidence being slowly rebuilt, UniCredit’s Juliane Bürger offers some valuable insight and advice to investors into choosing the right product, the advent of reverse convertible product offerings and the market volumes, now that it is…
Corporate statement: Listening and learning
After the seismic market shocks in 2008 and early 2009, structured products have remained widespread in the media focus. As summer holidays come to an end and schools reopen, we consider the lessons learned and what is on the curriculum for the year ahead
US Wrap: S&P 500 sandwiched between alternative choices
Two less traditional alternatives to the S&P 500 index have been released into the US market by Credit Suisse and Royal Bank of Canada (RBC).
All four one
MSS Investments has enlisted the Swedish Export Credit Corporation as issuer of a six-year capped growth product linked to the performance of a basket of global indexes based on infrastructure, equities, fixed income and emerging markets
Autocalling China
Morgan Stanley has produced a two-year autocallable linked to the iShares FTSE/Xinhua China 25 Index Fund with a 10% buffer. Increases above the target level are not passed onto the investor