Free content
-
An attractive feature of the EC-Hedge (equity-credit hedge) model is its ability to use equity implied volatility as an input data. -
Sales of commodity-linked investments this year are set to break records, with the size of trades to date nearly four times that of last year according to data from Dealogic.
-
Deutsche Bank and Merrill Lynch are considering making liquid markets for equity-default swaps alongside JPMorgan, which started marketing the instruments last year (DW, 6/2/03).
-
-- Tim Owens, head of the currency and commodity solutions group at JPMorgan in London, commenting on the demand for commodity-linked products.
-
Kleinwort Benson Private Bank will launch a capital-protected investment product with an option on a commodity index at the start of November.
-
Merrill Lynch is considering increasing it onshore Korean derivatives operation next year by pushing either into local credit or equity products.
-
Seoul-based Dongbu Insurance Co., with over KRW5.1 trillion (USD4.5 billion) in assets, is considering investing in synthetic collateralized debt obligations for the first time.
-
Brevan Howard, a London-based fixed-income hedge fund with over GBP1 billion (USD1.8 billion) under management, has hired former Bank of America energy derivatives trader Stephane Nicolas to spearhead a push into oil trading.
-
Equity derivative houses in London, including JPMorgan, Deutsche Bank and Barclays Capital, are racing to price options on implied volatility, following the development of options on variance over the last few months (DW, 10/1).
-
Rabobank will start trading equity derivatives in Hong Kong by year-end and is sending Aurelien Bessot, equity derivatives trader in London, to head the new operation.
-
SAC Capital Advisors, the hedge fund behemoth run by Steve Cohen, is planning a push into fixed-income.
-
Schroders Korea, part of Schroder Investment Trust Management which has over USD177 billion in assets globally, is preparing to launch a series of capital guaranteed structured funds next year on the back of regulatory changes.
