UK investors intensify their love affair with FTSE

The UK market remains wedded to products based on the FTSE index, with underlyings such as emerging markets generally offered only when requested by private clients.

"One year ago, the FTSE was at levels that could be considered very cheap, but since then the rebound in equity markets has been huge," says Fernando Gasca, head of structured products at Cater Allen. "Most investors missed that rally and are waiting for more clues on the current economic situation, and whether it is still a good

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