Real estate
Structured products linked to real assets and credit back on the menu in Italy
The Italian structured products market is seeing a pick-up as institutional investors demand exposure to physical assets and credit
Negative long-term US inflation outlook means hedging currently underpriced for insurers and pension funds
Current US economic data is masking the cheapness of inflation hedging
Alternative Fund Administration Survey 2011
Alternative Fund Administration Survey 2011
Product performance
Product performance
Real estate provides inflation hedging – but only over the long-term
Correlation between inflation and real estate investment can be negative in the short term but almost perfect on a long-term time horizon
Real estate emerges as a theme for US structured products
Real estate is gaining popularity as an underlying, with a handful of products tracking iShares Dow Jones Real Estate Index fund in recent issuances.
ETF Roundup: More for Amundi in Germany
ETF Roundup: More for Amundi in Germany
US wrap: Struggling real estate sector provides unusual choice of underlying
As volumes see a slow recovery after the summer, issuers are diversifying the underlyings and Barclays focuses on real estate.
Property derivatives fail to offer hedge options against price collapse
The development of a property derivatives market in Asia stalled during the financial crisis of 2007-2008 and has failed to regain any real momentum, presenting a gloomy outlook for the business. But some parties believe the introduction of retail…
Building resumes on property products
Less volatile than equities and on offer in a variety of forms and available in either growth or income style, commercial property has made a low-key return to the investment world. As property values recover, access comes in the form of exchange-traded…
Vanguard expands ETF offering with products on equities, fixed income and property
US ETF company Vanguard has increased its business with products on US equity benchmarks, real estate and bonds
Vanguard creates ETFs on equities, fixed income and property
Vanguard has increased its US ETF offering with the addition of a host of new products based on the benchmark S&P 500 and Russell 2000, and including equities, fixed income and property
Redwood reopens US non-agency RMBS market
Redwood Trust’s jumbo RMBS issuance – the first US non-agency deal for two years – met with strong demand. But will that be enough to entice other private issuers to tap the market?
Half the loss
JP Morgan launched a two-year structured product based on property, homebuilding and financial institutions not long before the bankruptcy of Lehman Brothers. Capital was, of course, lost, but the cost would have been far greater on a direct investment
Bargain basement in the Baltic states
Scandinavian banks are set to become huge owners of Baltic real estate. A large proportion of home loans in the region come from Nordic lenders and repossessions are rising. Some banks are already making preparations to take over and service large…
Follow the bear
Merrill Lynch has launched an 18-month bear market review note linked to the Dow Jones US Real Estate Index offering a premium of 14.8% and a potential early return as well as a known underlying
Managing the mortgage maze
Uk Mortgages