Range-bound markets do bankers few favours. They dampen demand for hedging among corporate clients, while a lack of direction sees investors drift away. But tough markets can spur innovation, as has been the case with Deutsche Bank’s structured products desk during the past 18 months.
“On the investor products side, the business is quite beta-driven,” notes Sorin Ionescu, its London-based head of commodities structuring. “When prices are rallying, you typically get much more investor interest. Wh
The week on Risk.net, October 6-12, 2017Receive this by email
- SGX, HKEX expect to be among first wave of Mifid II equivalence
- Leaked EU doc could shield legacy swaps from clearing grab
- ABS set for revival under US Treasury’s liquidity buffer plans
- Quantile, TriOptima face off in cleared swaps compression battle
- Quants stymied by lack of alternative risk premia flows data