Exploring the capital markets universe - security and fund types reviewed
Security and fund types are the building blocks of the capital markets universe. It is easy to lose sight of just how many there are.
The feature article Exploring the capital markets universe provides a 'helicopter' overview. There are some very innovative products with lots of bells and whistles and then there are others that seem to have a cyclical revival. Dual listed securities would fit the first description and converting preference shares the latter. Take a look - it is quite illuminating.
Where a security type shows great innovation early consideration should be given to the possibility of patenting it as a financial product. At first glance, patents and financial products would appear to be incompatible concepts. However, recent developments suggest that a wide range of new financial products should be patentable in Australia. Andrew Christie, one of AAR's patent partners, explains how in his article.
Highlights
- Securities - HYENAs are not securities
- FSR policies statements - More than you can poke a stick at
- Foreign exempt companies - Changes to ASX Listing Rules
- Burns, Philp - Restructuring of Burns, Philp
- Auditors - Ensuring an independent audit watchdog
- Actively managed ETFs - Uncle Sam wants your views
- Investment advisers - Reforming the law in New Zealand
If you'd like to see other editions of In the Money, or you're interested in our other publications, please visit our Capital Markets publications page.