UK investors remain wedded to FTSE 100 index
UK Investors continue to prefer products based on the FTSE 100 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 Private Bank. “Some investors are also a bit scared about the probabilities of another correction on the stock market. For those
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