Editorial: Volatility and complexity

Editorial: Volatility and complexity

Richard Jory
Richard Jory, Structured Products editor

In one part of the world, volatility would appear to be too tricky a concept to be sold to retail investors, though it may prove palatable to those that are more sophisticated. In the US, volatility is bandied about as a new asset class, while in Asia efforts to sell it in the form of either products or indexes have proved relatively fruitless. For those in the know, volatility is becoming familiar and should probably make up at least some part of an investment portfolio. For those that have