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European pension funds are increasingly looking to property derivatives and including property derivatives expertise in their search criteria when hiring fund managers.
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CME Clearport, the clearing arm of CME Group, has cleared the first over-the-counter swap on a commodities index.
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Macquarie Funds Group is aiming at a unique entry point into the fund-linked derivatives market: financing for single-fund managers.
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Ingo Heinen, the former head of European equity and fund-linked derivatives sales at Nomura Securities in London, has joined Royal Bank of Scotland in a new role heading institutional sales into Germany.
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Barclays Bank is preparing to sell a structured note referencing the spot price of platinum and palladium, which is callable if on any of its six quarterly review dates the equally weighted reference assets are trading at 100% of their initial level.
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A proposal from the U.S. House of Representatives awaiting discussion in committee could reverse an old law that prevents mutual funds from investing directly in commodities.
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Japan’s Financial Services Agency has given tacit approval to what is believed to be the first property derivatives trade by an onshore bank, and outlined other non-proprietary trades banks can perform.
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Barclays Capital has unveiled the first note linked to the recently launched S&P500 Dynamic VEQTOR (Volatility Equity Target Return) Total Return Index.
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The U.K. Treasury is reportedly mulling a longevity bond that would pay out in accordance with the survival rate of the underlying lives, which market officials say could drive flows in synthetic longevity.
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The U.K. longevity swap market could reach GBP25 billion by the end of 2010 compared to around USD8 billion for Feb. 2009 through Feb. 2010, according to panelists at the International Life Settlements Conference in London this morning.