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.
Houari leaves Barclays to head equity structuring group at Deutsche Bank
Hassan Houari has ended a 12-year career at Barclays to take up a role as global head of structuring at Deutsche Bank in London
Finra warns investors about 'unpleasant surprises' in ETNs
Four months after the furore surrounding the Tvix exchange-traded note, Finra has responded by issuing an investor alert warning of the risks involved in the products
Bullish NRI investors drive search for higher yield
Non-residential Indian investors bullish on high-yield strategies and leverage plays in Hong Kong and Singapore as they seek alternatives that can enhance returns
Luxury goods stocks continue to sparkle in Switzerland
Deutsche Bank says the luxury goods sector is especially promising in the current financial climate, while Bank Vontobel in Switzerland has launched its fifth structured product based on a basket of luxury and fashion goods
Update: EC publishes Prips regulation
As Europe's structured products professionals await the publication of the final version of the European Commission's Packaged Retail Investment Products regulation, the debate about what it should and should not include still rages
UBS poaches Edwards from RBS and Naylor from Deutsche to bolster equity derivatives
Shane Edwards is joining the UBS equity derivatives team in London. His appointment follows that of Roger Naylor, who was named global head of equity derivatives at the Swiss bank earlier this month
FSA requests responses on Ucis by June 27, leaving open the inclusion of delta 1 certificates
Banks must respond to the UK Financial Services Authority by Wednesday with feedback on new rules that will clamp down on the sale of unregulated collective investment schemes. Whether delta 1 products will be caught by the new rules is unclear
Meteor hires Stuff to lead listed product distribution
David Stuff has joined Meteor Investment Solutions only weeks after leaving the UK structured products team at Royal Bank of Scotland
Srikant Dash joins Bloomberg to create index business
Days after leaving S&P Indices, Srikant Dash has joined Bloomberg to lead and create a new index business
Growth replaces income in UK products as providers apply RDR principles
The Retail Distribution Review is already having an impact on structured products in the UK if new products launched this month are anything to go by
Cost pressures making online distribution attractive to UK structurers
Retail Distribution Review forcing structurers and distributors to consider greater use of online platforms for trading structured products
Morgan Stanley offers deferred kickout on the FTSE 100
Kickout choice
Trade of the month: Defensive products
Trade of the month: Defensive products
FVC custom indexes
FVC custom indexes
Velocityshares implosion puts leveraged ETNs in the frame
Terminal Velocity
Special report: The Americas
Special report: The Americas
Tempting Australian investors back into structured products
A tighter grip on yield
Swedbank keeps it simple
An eye for opportunity
Short-term leveraged notes the new battleground in Germany
The trading products supermarket
People: Former SG execs launch multi-commodity discretionary hedge fund
Former SG execs launch multi-commodity discretionary hedge fund
IFAs will abandon fee-based actively managed structured funds for ETFs as RDR bites
The Retail Distribution Review will encourage financial advisers to switch from selling structured funds to exchange-traded funds, say market participants
Structured Products Americas: some welcome consistency in the complexity debate
Consistent about complexity
Editorial: free the fee
Editor's letter