Tag: Covid-19
Equitable adds downside buffers to flagship annuity
North America | Products
22 May 2020 by Lavanya Nair & Pablo Conde
US indexed annuities provider Equitable has announced enhancements to its Structured Capital Strategies Plus registered index-linked annuity to fend off potential negative results on existing contracts.
Product snapshot: Wilgenhaege/SocGen offer 16.5% coupon on Dutch insurer
Europe | Products
20 May 2020 by Marc Wolterink
The Dutch asset manager offers a 16.5% coupon on insurance stock that is viewed as a little boring, by its chief executive officer, Jerry Langelaar (pictured).
UK Market Review, April 2020: Barclays returns
Europe | Market Reviews
20 May 2020 by Velina Bulanova
Thirty-one products worth £82.5m were added to the UK database in April, down four from the same period last year. Some 41 plans with estimated sales of £76.5m stuck during the month.
Euronext trading volumes up 73%, decrement match Cac 40-linked sales
Europe | Products
19 May 2020 by SRP News
The exchange reported a 55% increase in revenues in the first quarter of 2020, driven by strong trading volumes in all asset classes, said Stéphane Boujnah (pictured), chief executive officer and chairman of the managing board.
BBVA issuance remains steady despite rocky Q1
Latin America | Products
18 May 2020 by Lavanya Nair & Pablo Conde
The Mexican subsidiary of Spanish financial institution BBVA announced a 48.3% drop in its net income totaling MXN6.44 billion (US$270m) for the first quarter of 2020 from the same period a year prior.
Annuities: insurance firms take a hit in the first quarter
North America | Products
15 May 2020 by Lavanya Nair & Pablo Conde
Life insurance firms Prudential, Athene Holding and Lincoln Financial have suffered substantial setbacks to their first quarter earnings relative the same period a year prior.
Switzerland Market Review, March 2020: Covid-19 impact felt as barrier breaches put capital at risk
Europe | Market Reviews
15 May 2020 by Petar Dimitrov
Following a month of increased activity in the Swiss market, March saw the number of newly striking products dwindle to 2,835, an almost 16% decrease compared to the previous monthly period.
Van Lanschot Kempen blames structured products for Q1 loss
Europe | Products
14 May 2020 by SRP News
The Dutch bank blames a ‘very volatile market’ for the significant losses in its structured product portfolio in Q1 2020.
Structured products in falling markets – issuer perspective
International | Products
13 May 2020 by Tim Mortimer - FVC
FVC’s managing director Tim Mortimer continues to examine the effect of stock market falls in 2020 on structured products markets.