French test for structured products

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Some banks swear by the performance ratings that TestePourVous.com (TPV) ascribesto their investment products. The site’s biggest fans, including GoldmanSachs, use its rankings to help market their products to third-party distributors.

Others dealers are less enamoured. Mention TPV to the quants at SG or BNP Paribas,leading creators of structured equity investments for French retail investors,and you get sighs of exasperation. These critics grumble that TPV is inaccurateand that its rankings are

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