Structured Products House of the Year - BNP Paribas

Even before the credit crisis struck in August 2007, structured products investors had been moving away from over-complicated payoffs towards simpler products. There was also a trend of fewer directional market plays in favour of market-neutral strategies. Continued investor losses caused by complex products, together with violent and unexpected market moves, have reinforced these shifts in 2008. Add to that the failure of Lehman Brothers in September, and the structured products landscape has b