Structured products
Podcast: Claudio Albanese on how bad models survive
Darwin’s theory of natural selection could help quants detect flawed models and strategies
Structured products gain favour among Chinese enterprises
The Chinese government’s flagship national strategy for the advancement of regional connectivity – the Belt and Road Initiative – continues to encourage the outward expansion of Chinese state-owned enterprises (SOEs). Here, Guotai Junan International…
Structured notes – Transforming risk into opportunities
Global markets have experienced a period of extreme volatility in response to acute concerns over the economic impact of the Covid‑19 pandemic. Numerix explores what this means for traders, issuers, risk managers and investors as the structured products…
Structured products – Transforming risk into opportunities
The structured product market is one of the most dynamic and complex of all, offering a multitude of benefits to investors. But increased regulation, intense competition and heightened volatility have become the new normal in financial markets, creating…
Increased adoption and innovation are driving the structured products market
To help better understand the challenges and opportunities a range of firms face when operating in this business, the current trends and future of structured products, and how the digital evolution is impacting the market, Numerix’s Ilja Faerman, senior…
Structured products – The ART of risk transfer
Exploring the risk thrown up by autocallables has created a new family of structured products, offering diversification to investors while allowing their manufacturers room to extend their portfolios, writes Manvir Nijhar, co-head of equities and equity…
Asian exotics desks need to slash risk
Time for structured products desks to curb their appetite for risk
Structured Products Washington: 2017 conference overview
Recent months have seen some interesting shifts in the structured products market as firms try to adapt to the new normal amid an ebbing and flowing industry. Gathering senior structured products professionals from across North America, Risk.net’s fifth…
Banks tweak Euro Stoxx autocalls to cut concentration risks
Changes to popular structured products aim to help dealers reduce risks and hedging costs, but will investors make the switch?
Asia investors eye fund-linked structures amid US rate rises
Principal-protected fund-linked products on the rise as fixed-income investors seek safety
Perfect matching
BBVA‘s managing director of global structured solutions Latam, Manuel Meza Pizá, explains some of the reasons the bank has been named Latin America house of the year in the 2017 Structured Products Americas Awards, most notably how the bank adapts global…
Synth City: how synthetic dividends could save autocallables
New indexes promise higher coupons and lower dealer hedging costs, but some market participants worry they are not all they seem
Why risk aversion should be built into product structuring
Irrational behaviours that creep into product structuring can be controlled mathematically
Elasticity theory of structuring
Andrei Soklakov presents a product design theory that incorporates Bayesian information processing and risk aversion
The hidden credit risk in US tax reforms
IRS's Section 871(m) rule poses huge problems for US and European structured products issuers
Don’t use structured products to bet on politics, say issuers
Structured Products Europe: Panellists speak of Brexit hedges backfiring and Trump win confounding expectations
Structured product innovation under threat, say distributors
Structured Products Europe: Regulatory burdens holding back new structures
At the Structured Products Washington, DC, conference
The DOL fiduciary duty rule, regulatory and enforcement priorities and the future of tax policy were discussed by structured products business leaders
Auditors: the extra line of defence
If CDS skew spikes, some banks may be thankful for conservative accountants