Family offices debate role of structured products at London panel

Firms that manage family fortunes say structured products have come a long way since the financial crisis, but their use in family office portfolios remains limited

Family offices, firms that manage family fortunes, say structured products have become more attractive as the industry has improved transparency and customisation, but there is a long way to go before the products achieve widespread acceptance, they report.

Speaking on a panel in London yesterday, Per Wimmer, founder of London-based Wimmer Family Office, praised the positive changes issuers have made over the past few years to boost the appeal of the products. Wimmer singled out an increased