Hang Seng Index
Vix options of limited use in hedging Asia portfolio tail risk
Misunderstanding of the correlation between global levels of volatility leading Asian investors to place too much faith in Vix, according to Edhec Risk Institute
Eric Penser offers partial protection on international equity index basket
Penser is partial to protection
Asian volatility indexes too illiquid to hedge risk
Asia’s volatility products are not yet liquid enough to draw local investors away from the CBOE Vix
China looks to offshore ETFs
Looking beyond the border
Two ways to win
Two ways to win
China leads the way as UK structured product providers try new underlyings
China leads the way as UK structured product providers try new underlyings
Hong Kong to get volatility index ‘early next year’
Hong Kong will get a real-time VIX index in the first quarter next year, according to Hang Seng Indexes.
Asia providers on best behaviour for new regulatory regime
A change of regime
UK structured products stuck on repeat
An unfavourable pricing environment and investor caution is resulting in a series of familiar structures in the UK market. A few variations in underlying are evident but all come back to income
Hong Kong poised to launch dividend futures
Hong Kong Exchange and Clearing looks set to join rival Singapore Exchange in offering dividend futures contracts
Retrospective: Avoiding the barriers
This JP Morgan product from November 2008 linked to a basket of four Asian indexes and promised a 2.05% quarterly income payment. In the event of a kickout, however, capital was placed at risk and the amount returned to investors would depend on the…
Hang Seng profits fall after WaMu debt writeoffs
Hang Seng Bank, the 60% owned Hong Kong subsidiary of HSBC, saw profits slide after heavy bad debt costs in 2008, including the write-off of all its Washington Mutual bonds.
SG to offer UK retail investors exposure to China
French investment bank SG, part of Société Générale, will offer UK retail investors exposure to the performance of Chinese equities from tomorrow with the launch of a new warrant linked to the Hang Seng index.
OM system failure behind HKEx interruption
A fault in the system of Swedish software company, OM Gruppen, was to blame for a temporary failure of the Hong Kong Exchanges and Clearings’ (HKEx) futures and options trading system last Thursday, the exchange has revealed.