Falling for fashion

Conference report

Banks should develop a better understanding of the content of assets to give more coherence to maturities, payoffs and underlyings, said Luca Pieroni, partner at Milan-based DGPA Advisory group, at the Structured Products Italia event on October 18-19. This was one of Pieroni's conclusions after a speech in which he introduced research he has completed on missing assets and so-called 'fashion victims'. "Investors should develop the same know-how," he said. "There are too many quantitative and pa

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