Trade of the month: Secondary pricing and fair value

Because structured products also have something in common with cash investments and tracker funds at the two ends of the risk spectrum, fee levels must be set so that they do not look uncompetitive compared to these simpler types of investment. An obvious case in point would be a capital-protected product that must have an option that is sufficiently valuable to have a realistic chance of beating cash.

The more complex products are the exception because they cannot easily be compared to other

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a 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 individual account here: