UK weathers the storm

Markets

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On September 15, 2008, shockwaves from the collapse of Lehman Brothers reverberated around the world, causing chaos across all financial sectors. After months of planning, BNP Paribas unveiled its Privalto range of structured products for UK investors on that same day. Despite the misfortune of the launch date and after the immediate shock of Lehman's demise, demand for the funds among independent financial advisers (IFAs) and investors increased towards the end of the year. The Privalto Stabili

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