Billions of dollars worth of structured products sold in the Middle East are being restructured by dealers as both local and international equity trades have been hit hard. The restructuring has also focused on alternative investment products linked to hedge funds and funds of hedge funds.
The consensus from market participants is that the mark-to-market of equity-linked products is well below par (65-80%) as both local and international equities have suffered this year. Dealers have scrambled t
The week on Risk.net, March 10-16 2018Receive this by email