Check out the first two pages of the newsletter this week: Euro Stoxx 50 notes were snapped up last month by U.S. investors. Inside the full version: BX Berne scraps a plan to go head to head with Scoach in trading of structured products and Edward Rogers talks about demand for notes in Japan.
Volatility control or risk control is a growing trend among fund managers, insurers selling variable annuities and index providers. In this example, a strategy that rebalances between S&P500 stocks and cash while keeping volatility fixed at 10 percent outperforms the index itself since the start of 2008.
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Compiled by Andrew Berens, MD, Senior Healthcare Analyst, Bloomberg Industries and Elizabeth Krutoholow Arena and Eisai’s decision to price obesity drug Belviq at a premium to competitor Vivus may create a hurdle for the companies without broad coverage from insurers. Eisai disclosed that the wholesale acquisition cost of Belviq has been set at $199.50 for [...]
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European Union stress test models haven’t fully reflected the riskiness of European sovereign debt, New York University economists have found. Click here to continue reading.
Here’s our page 1 for the newsletter this week: Banks trying to meet stricter Basel rules on capital holdings are moving structured note sales off their balance sheets. Also inside the full version: why South Korea is displacing Hong Kong and Singapore as an Asian leader in note sales, and details from an SEC letter [...]
The deteriorating finances of the largest leveraged buyout in history is exposing the increasingly diverging interests of its private-equity owners led by KKR & C0. and TPG Capital and the secured lenders who helped finance the $48 billion deal in 2007. Click here to continue reading