Analysis: dispersion reigns as market neutral views come into focus

One of these, issued by Credit Suisse, was named as SRP Apac Deal of the year for 2020 . Other investment banks active in this area include HSBC and Goldman Sachs. As with many product types, they can be issued as warrants for direct exposure at a reduced premium or turned into a note. In this article we analyse three dispersion structures with product details source from SRP . Dispersion is a measure of spread and calculates the absolute differences of individual components against the baske