Sales of structured products in the UK grew by almost a half (47 per cent) over 2009, in spite of the intense scrutiny placed on the sector over the year, to reach a total of £13.3bn, according to StructuredRetailProducts.com.
The UK Structured Products Association debunks some common myths about structured products
In November 2009, the UK Structured Products Association was created to protect structured products from unfair and unwarranted comment. Its members believe much of the criticism is based on poor understanding. Here, the Association responds to the 10 most widely heard myths about investing into a structured product.
Structured Products magazine has been running events in the derivatives-based investment field for over five years. Their extensive global portfolio has set the industry benchmark as a platform for networking, product innovation and exchanging of ideas for the structured products community.
FSA guidance on structured product advice wrongly makes the investments seem unsuitable for consumers with no risk appetite, according to AIFA.
The Swiss Structured Products Association SSPA is about to launch a new, transparent risk classification for Swiss structured products. The SSPA’s risk classification will be based on Value at Risk (VaR) and cover structured products traded in Switzerland. The new risk classification will be available to all market participants as of the beginning of July on the Association website.
A total of eight structured products providers have signed up to create the UK Structured Products Association (UK SPA), a formal trade association for the industry. The group counts six major providers among its members: Royal Bank of Scotland, Citi, Santander, Credit Suisse, Morgan Stanley, Skandia, Legal & General and Prudential.
“Lehman was a hedge counterparty on numerous structured finance transactions. Typically when the hedge counterparty defaults, and is owed money by the SPV, it ranks below all note-holders. The LBI administrator has challenged this and the courts have… Read More »
Advisers should not be put off investing in structured products despite providers NDF Administration (NDFA) and Defined Returns being placed in administration last week, according to Catalyst Investment Group. Andrew Wilkins, executive director at Ca… Read More »
Structured products are usually designed to be held until maturity – when investors receive a pre-defined, ‘formulaic’ payout. For investors who want to redeem early, there are usually strong warnings in the literature that what they receive may be l… Read More »
According to Gary Dale, Head of Intermediary Sales at Investec Structured Products, they absolutely do! There has been, and continues to be, a lot of talk around this debate with not all parties in agreement on any one solution; traditional funds or… Read More »