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.
FVC review: Reyker’s FTSE 100 autocall – a UK election hedge?
Lookback feature aims to mitigate sudden falls in first few months of the term
Numerix tops Structured Products technology rankings 2015
Numerix stays ahead of the pack; run close by Bloomberg and Thomson Reuters
Risk Books: The Role of Currency in Institutional Portfolios
Momtchil Pojarliev talks about his book, The Role of Currency in Institutional Portolios, currency investing and the potential role of currencies in institutional portfolios.
Multi-issuer platforms face off for Asia structured product market
Four platforms are now fighting for private bank business
French regulator bears down on unlicensed brokers
Autorité des Marchés Financiers aiming to prevent losses among speculative investors
Structuring shops get shirty about spread-bets and CFDs
Retail brokers accused of stealing bank business with little oversight
FVC review: Meteor's dual-option deposit plan
Product offers potential for capped returns on the FTSE 100 and Eurostoxx 50
Vontobel structured products platform adds four private banks
Competition intensifies in battle for Asia structured products market
FVC review: Mariana launches callable FTSE 100 income plan
Capital-at-risk product can be called early by issuer Societe Generale
Industry questions FCA's structured products proposals
Lack of standardised model could mean different projections for identical structured products
People: OCC rings the changes amid revamp
Two senior execs and two independent directors join equities clearing giant
Momentum strategies divide smart beta index developers
Index providers disagree over use of rebalancing triggers when constructing momentum strategies
Q&A: AMF talks Priips, complexity and powers of intervention
Key information document and Mifid II definitions need work
Eurozone insurers eye CLNs as ECB easing hits bond yields
Dealers tout hybrid credit and equity-linked notes with Eurostoxx 50 exposure
EU structured products reforms lack co-ordination, says industry
JAC calls on regulators to co-ordinate cost disclosure rules in KID with Mifid II
FVC review: Credit Suisse’s long-dated S&P 500 leveraged return
Capital-at-risk product comes with an unusually long 10-year maturity
FVC review: Morgan Stanley’s FTSE 100 range accrual
Issuer’s capital-at-risk product with quarterly coupons reviewed
FVC review: Investec’s five-year FTSE growth plan
Capital-protected product will use averaging to calculate final returns
Beware the pitfalls of averaging in structured products
Practice is useful for dampening volatility in valuations but carries risks
UKSPA contests EU stance on liquidity risk ratings
Structured products trade body declines to include liquidity risk metric in ratings
Q&A: Esma’s Patrick Armstrong on Mifid II and Priips
The watchdog’s priorities for 2015 include drawing up new powers of product intervention
First multi-issuer structured product network goes live in Asia
Contineo initiative set to transform structured product sector
Derivatives house of the year: Societe Generale
Risk Awards 2015: French bank on the front foot as rivals retreat
Structured products house of the year: Bank of America Merrill Lynch
Risk Awards 2015: BAML a big player in record year for CLOs