12 Aug 2024
Funds of structured products: pressurised correlation and the attractiveness of worst-of autocalls
In the third and final part of our roundup, SRP reviewed how funds from Peru, Luxembourg, the UK, Ireland and Canada performed during the first half of the year.
11 May 2022
Recycling risk (Part 2): offloading vol
Market players talk about how implied volatility is managed by trading desks, and its role in triggering the shift away from traditional equity index-linked autocallables and reverse convertibles structures.
10 May 2022
Recycling risk: volatility and structured products
Structured products with all their complex underlyings and payoffs are in many cases a way for investors to sell volatility in a packaged product.
01 Mar 2022
Buy-side view: taking advantage of the transfer of the risk from issuers’ books onto investors
Fortem Capital has positioned its fund of structured products and derivatives as a strategy that can take advantage of pricing dislocations and fulfil multiple asset allocation scenarios.
01 Nov 2021
SRP in brief: sustainable efforts
The focus will be on ESG initiatives this week, as many players in the structured product space ramp up their sustainability work.
01 Sep 2021
Market neutral: playing vol and correlation
Within the funds world there are many interesting strategies used by managers to provide diversification or outperformance over the mainstream funds in the traditional asset classes.
16 Sep 2020
Analysis: dispersion reigns as market neutral views come into focus
A recent trend across some structured products markets is the increase in number of dispersion products that have been issued.
27 Sep 2019
SRP China: correlation is a game changer
Warren Kwan (pictured), chief investment officer, LW Fund, Diamond Head Capital Asset Management, explained to the audience at the SRP China Conference on September 18 2019 in Shanghai, why structured products can act as the ideal safety net for managing risks.
07 Jun 2019
Mondriaan (part 2): €100m+ licence will take us to the next level
The Dutch fund of structured products is aiming at institutional investors as it is fast approaching assets under management of more than €100 million.
08 Jun 2018
Correlation – the new asset class for market-linked products
Common asset allocation strategies typically splits the investment portfolio into different asset classes, based on theory behind, following Harry Markowitz’s Modern Portfolio Theory stating that, because of asset correlations, portfolio risk, or standard deviation, was lower than that calculated by a weighted sum.