Shock news: Structured products are good for you

Market view

In previous issues, I have noted the almost universally bad press that structured products tend to receive in the mainstream media around the world. This trend shows no signs of abating. A Wall Street Journal front-page article from June this year, with the headline "An Arcane Investment Hits Main Street", started in the following manner: "Wall Street firms are turning to retirement-conscious individuals as a growth market for arcane investments called structured products - a trend that many

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