Structured Products/News
Structured product liquidity could lead to speculative trading, says former UK SPA chairman
A liquid structured products market would be great news for investors but the industry needs to consider the consequences, say market participants
Crédit Agricole transfers equity derivatives portfolio to BNP Paribas
'Normal service’ to resume in January 2014 following the transfer of the €12.5 billion portfolio to BNP Paribas
EM currency notes finding buyers even after rout
European private bankers say investors are still going long emerging market currencies via structured notes, even after some of the currencies plummeted in value earlier this year
Credit Suisse poaches RBS's Nelte for Americas role
Credit Suisse hires Nelte for NYC
HMT bill could destroy UK structured deposits market
HMT bill could destroy UK structured deposits market
Finra targets conflicts of interest in structured products industry
The US regulator has published a report saying issuers and sellers should be doing more to manage conflicts of interest that arise when deciding which products to sell and to whom
L&G commits to UK retail market despite exit of structured products head
Declining sales figures blamed for the redundancy of Legal & General structured products head James Harrington, but it's 'business as usual', says the firm
Ibex 35 finds favour with foreign investors
Ibex 35 finds favour with foreign investors
CBOE adds short-term version of Vix to volatility suite
The new index, VXST, measures market expectations of S&P 500 volatility nine days into the future, rendering it more sensitive to short-term volatility swings than the Vix
China wealth management keeps faith with trust products
China wealth management keeps faith with trust products
Structured products sales to rise 8% in 2013, Esma predicts
In its report on EU market trends for the second quarter, Esma says sales of equity-linked retail structured products are up this year, while demand for interest rate-linked products has plummeted
Fixed income "saved wealth management" in Asia
Fixed income 'saved wealth management' in Asia
Australian regulator blasts potentially misleading marketing documents
Australian regulator blasts potentially misleading marketing documents
Source and Man Group partner for 'beta plus' strategy ETFs
The two LSE-listed funds follow a Man Group strategy designed to generate alpha from broker recommendations on stocks from Asia and continental Europe
SFC readies decision on waiver for professional investors
SFC readies decision on waiver for professional investors
The road to issuance and dispute resolution for structured products in Singapore
While its private bankers have regained an appetite for structured products, Singapore's less rich retail investors have been getting used to a new regulatory and dispute resolution scheme put in place by the MAS
Foreign issuers lobby Turkish government to change structured products regulation
Different tax treatment is placing foreign banks at a disadvantage, they say
Structured Products Asia: interest rate rises provide market opportunity
Fixed-income investors are looking at structured products to enhance yield and manage duration
SG launches UK Four series as survey shows investors expect 7% from FTSE 100
Investors believe 7% is a reasonable return for investing in FTSE 100 but many think it is unrealistic, says survey, prompting Société Générale to launch the UK Four series that aims to exceed expectations with annual returns of up to 10%
Santander strategic review halts Cater Allen structured product issuance
Santander's UK private banking arm Cater Allen has ceased issuing structured products while a review takes place
Nikkei falls fail to dent redemption-driven demand for Japan equity-linked notes
Japanese investors are buying equity-linked notes in record numbers, even as the Nikkei comes off its highs. Most of the demand is coming from investors who have had notes redeemed, say banks
Six Swiss Exchange readies launch of delayed OTC platform
The XBTR electronic trading platform is scheduled for launch on August 18 and aims to improve the buying, selling and settling of OTC trades in Switzerland
AIFMD confusion threatens banks issuing offshore SPV structured products
The Financial Conduct Authority has exempted structured products from the Alternative Investment Fund Managers Directive in the UK, but products issued by offshore special purpose vehicles could still be caught under the new rules
Most ETNs are overpriced, study claims
Research claims to show that market prices of most ETNs do not accurately reflect their risks and that the notes should trade at greater discounts