Free content
-
Static constant proportion debt obligations referencing a basket of names rated A to AAA, as opposed to investment-grade indices, are in firms' crosshairs.
-
Merrill Lynch in the U.S. is preparing to offer investments linked to an equity volatility arbitrage index it launched last week.
-
A U.S. appeals court in New York has overturned a lower court decision that the industry said undermined credit-default swap contracts.
-
Merrill Lynch has launched Asian and Japanese research indexes that it is taking to investors in the form of over-the-counter structured investments.
-
Hedge funds were snapping up short-dated options across yen pairs last week ahead of this weekend's Group of Seven industrialized nations meeting, causing a spike in one-week implied volatility.
-
Hedge funds are increasingly selling credit-default protection on bank loans to corporates in emerging markets as a way of gaining exposure to this high-yielding debt.
-
Carl Icahn's USD2.6 billion bid for the chunk of Lear Corp. he doesn't already control had investors piling into steepeners on the auto equipment supplier.
-
JPMorgan is reorganizing its derivative sales forces to create a global retail-focused cross-asset class group.
-
Merrill Lynch has beefed up its Asian equity structures marketing team with two hires by Abhinav Gorawara, managing director of equity structured solutions in Hong Kong.