Reverse convertibles are again the story of the day, with Och-Ziff Capital Management providing a popular underlying for Barclays products. The alternative asset management company has been used in six of the products in this issuance.
One of these is a one-year investment linked to the company, offering a 10.25% annual return. There is a 75% barrier, after which capital will be lost at a 1:1 rate. The product has been given a riskmap rating of 7.4 due to the high volatility of the underlying; h