The use of strategy and custom indices has had a long and rich history within retail structured products markets for many years.
Bank of America wants to capitalise on increased activity and momentum; Nomura is seeking to expand its coverage of insurance clients; BSW – formerly DDV – has made changes to its board; HSBC has a new head covering Americas and EMEA Equity-Linked business; and more.
The index provider believes that timing the regime change between growth and value and allocating to style on a trend surfing basis can reap extra returns to investors.
In this week’s roundup, we also look at a new fully protected structure issued by Bitget; the introduction of the staking in physical ether ETP by WisdomTree, StanChart’s application to launch a digital asset in Abu Dhabi, and more.
The US index provider is among the latest entrants to the structured products market driving efficiencies and cost reduction on strategy & custom underlyings.
New hires join European issuers while Asia Pacific authorities call for a need to improve product design and distribution practices.
Armelle Loeb, head of index sales for Emea at STOXX, discusses the evolution and appeal of custom and factor-based indices, and why custom income strategies have delivered good performance
In this week’s wrap we look at a selection of structured products with strike dates between 3-9 September 2023.
The appointment encompasses equity derivatives sales and trading, as well as corporate and institutional sales.