Don’t use structured products to bet on politics, say issuers

Structured Products Europe: Panellists speak of Brexit hedges backfiring and Trump win confounding expectations

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Using structured products to bet on events such as Brexit can be risky

One-off political events such as the Brexit referendum and the US elections are "tough to bet on" and "difficult to monetise" using structured products, issuers have warned, recounting tales of investors who had called the right result but picked the wrong strategy for both events this year. Speaking at the Structured Products Europe conference in London on November 17, three senior executives from large issuers said they generally advised clients against taking tactical, very short-term posi