The comeback kids

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Structured products in Asia have been revamped as a safe, low-risk investment for cautious investors. Previously, they had been created to chase yield and had extremely complex payoffs but, since investors were severely burned last year, products have been given a facelift and are now more transparent, simple and, on longer-dated terms, protected.

"Investors are interested in guaranteed returns rather than potential returns," says Peter Hu, managing director at Barclays Capital in Singapore.

Wit

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