Structured products have largely delivered on their promise to offer protection, but continued evolution is necessary
A report out today from Morgan Stanley forecasting harsh dividend cuts by European banks has left equity income managers largely unfazed as many have already reduced exposure to the sector.
Fund managers believe Barclays, HSBC and Royal Bank of Scotland are the UK banks most likely to suffer if the latest US plans to curb risk taking in the sector are effected.
Morgan Stanley has launched a suite of six-year structured products.
Of course, last week's Queen's Speech was an electioneering one and you cannot blame old Gordon for having a go. It is always better to get HRH to deliver your ideas in person when you have such dodgy handwriting and spelling!
Leading structured product providers and distributors have created the UK Structured Products Association in a bid to give a unified voice to an industry that has come under fire in recent years.
Invesco Ltd, the parent company of Invesco Perpetual, will acquire Morgan Stanley's retail asset management business for $1.5bn.
This week's Conjecture panel consider the effect the Lehman Brothers collapse had on the structured products sector
Morgan Stanley CEO John Mack has announced he will step down at the end of the year.