In active pursuit


The South African structured products market has carried something of a taint since 2001, when investors were hit hard after investing offshore by betting on weakness in the rand.

The subsequent strengthening, coupled with the fact that many products lacked sufficient transparency and liquidity in rigid structures that were almost impossible to exit, resulted in distrust and apprehension about structured investments.

However, Andrew Wolfson, senior product developer and asset manager at Cadiz

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