Prudent investors opt for Everest outperformance

News

Structured product investors in Spain and Italy are opting for outperformance versions of traditional, geared Everest dispersion trades. "Investors are getting nervous about the market," says Thomas Leake, London-based associate director, structured equity products at Bear Stearns.

"There is a reluctance to trade classic geared Everest and dispersion products because these products put investors long the market," says Leake. "Products are now being structured with the aim of removing the beta. Fo

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: