Editor's letter

Richard Jory

There is a new secret at large in structured products. To discover it, you must take a look at the blend of asset classes that have been offered by manufacturers over the past two years. Well before the financial crisis, the business of structured products was basically an equity game. Find a stock or an equity index - or several of them - bolt on a zero-coupon bond or a debt instrument of some kind, and that was pretty much it.

Before the crisis took hold there was plenty of talk and action rel

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: