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Category Archives for Structured Products

Pinnacle Investors Sue in US

A group of 18 Singaporean investors have filed a lawsuit in the US alleging that Morgan Stanley & Co Inc had sold rigged Pinnacle Notes as safe and conservative products even though they were not the case. One of the investor is Singapore’s oldest credit cooperative, the Singapore Government Staff Credit Cooperative Society. The US […]

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Lehman Hong Kong Minibond Holders to Get Significant Payout

Lehman Brothers Minibond holders in Hong Kong have plenty to cheer about. They (whether young or old, educated or uneducated) have been offered better compensation terms of at least 70% to 93% of their money back, receiver PricewaterhouseCoopers LLP said. After adding in an additional ex gratia payment from banks, the total payout will range […]

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Pinnacle Notes 2 Default

It has been more than two years since the collapse of Lehman Brothers that triggered a mass default of structured notes sold in Singapore. Even up to today, some investors who thought they had bought into “safe” investment products are discovering the ugly truth behind the products they had been sold. Just two weeks ago, […]

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DBS High Notes Suit Dismissed

215 investors of DBS High Notes 5 who lost their money in the complex instrument had their suit against DBS dismissed by High Court Judge Lee Seiu Kin. The investors had argued that there were inconsistencies in the product’s base prospectus and pricing statement. Justice Lee agreed with DBS that three of the formulas used […]

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CIMB Max InvestSave Structured Deposit

Someone asked me about the CIMB Max InvestSave Structured Deposit. This is a long term (15 or 25 years) structured deposit that can give you equity-like returns via exposure to the CIMB Evergreen II Index. The CIMB Evergreen II Index tracks a wide range of markets across major economic regions and asset classes which adopts […]

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