Demand for alternatives drives UK market higher

Sales of structured products to UK retail investors hit £3.7 billion in the first six months of 2008, an increase of 15% from the same period in 2007, while sales remain on target to reach a record £8-10 billion by the end of this year, according to Blue Sky Asset Management.

"The economic and investment backdrop has prompted investors and advisers to look for alternatives to traditional investment funds," says Chris Taylor, London-based chief executive at Blue Sky. "With slowing economic growth

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