US structurer of the year: Credit Suisse

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Gold is an intriguing investment, but it was Credit Suisse that last year made it very simple, with the first covered call, exchange-traded product issued in the US.

The exchange-traded note (ETN) was launched at the start of February 2012 and was distributed in combination with Statestreet by means of an informal agreement, but one that has uncovered investors with a more neutral view on gold. This is something that Mike Clark, New York-based managing director and head of retail distribution at

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