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.
Trade of the month: Multi-asset products
Trade of the month: Multi-asset products
Market snapshot
Market snapshot
Distributor profile: Promoteo waits for bonds to lose their shine
The waiting game
Distributor profile: Samsung's novel approach to equity-linked securities
Primed for portfolios
Irish providers try to get the better of deposits
Battling deposits
Asia providers on best behaviour for new regulatory regime
A change of regime
Electronic trading and the need for speed
The need for speed
Investing in the water theme
Water: source of life, source of returns
Marrying correlation and asset allocation
Coping with correlation
Replicating infrastructure exposure with structured products
New directions in infrastructure
Kempen property basket includes new risk measure
Dutch bank Kempen and Co's property product includes a risk indicator so that risk averse investors know exactly what type of risk they are taking on
Credit Suisse re-enters Taiwanese retail market
Credit Suisse re-enters Taiwanese retail market
iShares launches swap-based ETF platform
iShares has launched a swap-based ETF platform with in-built measures to eliminate counterparty risk.
Editorial: Banging on the door of the trustee
Wealthy investors in Hong Kong that lost money on Lehman Brothers Minibonds have resorted to hiring protesters to state their case to the trustee of the bonds
US wrap: HSBC focuses on single emerging market exposure
As issuance volumes increase, HSBC products offer access to Chinese and Brazilian equities.
Credit Suisse's Sandmeier named head of Swiss Structured Products Association
The Swiss Structured Products Association has voted in Daniel Sandmeier as its new president. Sandmeier takes over from inaugural leader Roger Studer
Volatility as an asset class is a growing business and Stoxx is latest to launch index
Stoxx has teamed up with Bank of America Merrill Lynch to create an investable volatility index for the European market as investors look for protection against future market crashes
State Street hires Ebner as global head of ETFs
State Street Global Advisers has hired Scott Ebner to its London office in a new role as head of ETFs
Speed streaming on the Straits Times Index
New streaming technology has been introduced in Singapore to increase the speed and improve the transparency of structured products trades.
iShares launches first currency-hedged ETFs in Europe
iShares has launched five equity ETFs with a currency hedge in response to demand from institutional investors
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.
FSCS denies compensation on capital-at-risk Lehman products
The UK Financial Services Compensation Scheme has concluded that the marketing material for Lehman Brothers's capital-at-risk products was adequate and appropriate
Fears of rising interest rates spurs switch and floored note issuance
As investors seek protection against interest rate rises, Bank of America Merrill Lynch and Morgan Stanley are among the banks responding with rates products offering minimum returns.