What part did Bank of China and other investors play in last month’s oil rout, asks derivatives veteran
New EU rules on liquidity stress-testing force fund managers to hunt out clues on investors
Autocallable volumes could suffer as mis-selling fallout spreads to equity-linked structures
Risk Awards 2020: New equity index contracts most successful launch in exchange’s history
Does the cultural and demographic experience of Japan apply to a heterogeneous grouping of nations that have no common monetary policy or a unified social outlook?
Mis-selling enquiry may extend to structuring banks as global rates plunge threatens retail notes
Exploring the risk thrown up by autocallables has created a new family of structured products, offering diversification to investors while allowing their manufacturers room to extend their portfolios, writes Manvir Nijhar, co-head of equities and equity…
Global market risk capital standards carry sky-high charges for fund derivatives
Hedging headaches force issuers to seek new structured product blockbusters
Dealers caught in danger zone as losses lurk on upside and downside spikes
Official proposals fail to allay fears over “misleading” projections of returns in key information document
As Chinese equity markets mature and become increasingly driven by fundamentals, the time is right for international investors to invest in smart beta strategies, say Vincent Yam, head of trading, and Weiwei Wang, senior derivatives trader at Guotai…
Many fear performance scenarios will remain misleading and expose providers to mis-selling claims
In this paper, the authors analyze why the optimal portfolio of funds that investors may take under complete information and the actual structure of the mutual fund market differ.
Smarter algorithms can’t stop us making bad investment decisions – yet, writes Andrew Lo
Subordinated debt requirement will hit smaller banks hardest
After volatility surge, buyers give up coupons for better chance of early redemption
Eris Exchange hopes retail access to its swap futures will usher in new era of swaps for all
Risk30: Chinese securities house Haitong is going with the flow
Changes to popular structured products aim to help dealers reduce hedging costs, but will investors make the switch?
Supervisors' concerns could delay adoption and put pressure on implementation timeline
Banks may push ahead with publishing key information documents before compliance date
Firms say Mifid alignment will minimise legal risks of key information documents
Regulators ignored expert recommendations, lobbyists say