Source has released 18 ETFs tracking the Dow Jones Stoxx 600 Optimised Supersector indices, which the ETF provider recently created in conjunction with Dow Jones.
Daiwa Securities SMBC has appointed Simon Roche as head of Synthetic Trading, to build a delta one trading book covering pan-European benchmarks.
Underlying longevity and investment risks of final salary schemes could see more schemes using inflation swaps and bulk annuities to try and reduce their liabilities.
Using so-called swaps will help trustees of pension funds better match future liabilities with current assets as the industry moves towards a heavier reliance on fixed income products to bear the cost of a rapidly ageing population, according to analysis...