​Daily Wrap – ABR Eyes UCITS Fund, Japan QE Making Hybrids Attractive

ABR is looking to file its recently launched U.S. mutual fund in Dublin as a UCITS compliant fund in a bid to attract European and Asian investment. With a UCITS compliant fund, ABR will be able to “passport” it into Singapore and Hong Kong, making it available to Chinese investors. Also in the U.S., heavy flow was seen in CBOE Volatility Index options Tuesday, with about 994,850 contracts trading two days before October’s expiration. In Asia, the increasing likelihood that the Bank of Japan will announce additional easing measures on Oct. 30 has made hybrid options more attractive. Don’t miss our latest Market Mapping findings released today, which show buysiders active in EURO STOXX 50 dividend futures and options see strong potential for relative value trading strategies with S&P 500 dividend futures. The full findings of the project will be released Thursday in a report, Market Mapping – Equity & Volatility Derivatives 2015, so stay tuned for more.