Indexes
Desperately seeking a benchmark
The market for exchange-traded funds in Asia has been slow to develop. A regional benchmark ETF is still lacking, while the promise of high-volume trading in products cross-listed from Europe and the US has yet to materialise. Richard Jory reports from…
Product performance
The three products reviewed this month all have a strike date of 11 December 2009. The products are valued weekly and the results are shown along with the performance of the underlying asset. All three products are fairly typical of products that are…
Morgan Stanley Jump
Morgan Stanley has issued Jump Securities, a structured products based on the performance of a basket composed of the iShares MSCI Emerging Markets Index Fund and the Dow Jones Eurostoxx 50. Principal is not protected and the upside above the target…
S&P creates taxable municipal bond index
Standard and Poor's has created a taxable municipal bond index to give investors access to this low default risk, high return bond class.
UBS reverse convertible index offers deposit-beating returns
UBS has created a reverse convertible index to offer German investors income which beats the return on bank deposits
Nasdaq creates its first sharia indexes
Nasdaq has launched two sharia-compliant indexes, the first in a family of indexes which it intends to launch.
Erste lists first turbos on Romanian exchange
Erste Group Bank AG issued nine individual certificates on to the Bucharest Stock Exchange as it joins the Romanian market.
Swiss structured products and ETF volumes see sharp decline in June
Trading and turnover volumes in the Swiss structured products and ETF markets fall in June after seeing gains during the start of the year
S&P launches quality ranking indexes and licenses to PowerShares
Standard and Poor's has extended its index range to include quality rankings indexes, one of which has been licensed to Invesco PowerShares, and has added sector indexes in its CDS Index family
UK ETF investors abandoning FTSE 100 in favour of global indexes
The balance of UK investments in ETFs has shifted from the FTSE 100 index towards ETFs based on the S&P 500, MSCI Emerging Markets and Japan in the first quarter of 2010.
FTSE indexes track firms' carbon exposure risk
Two new carbon indexes will enable investors to make investment decisions based on how carbon reduction schemes affect company earnings
RBC offers exposure to BP through structured products
Royal Bank of Canada has issued a new reverse convertible based on BP. The oil company's shares have risen in the US market in recent trading despite hitting a 13-year low on the London Stock Exchange
US wrap: Eurostoxx 50 proves popular
The European benchmark index continues to feature in this month's issuance
Nasdaq launches two sharia indexes
Nasdaq has released its first sharia-compliant indexes, based on the Nasdaq 100 and OMX Stockholm Benchmark indexes