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The crucial spark

Mutual funds have long dominated the UK investment space, but recent tax changes, persistent economic turmoil and the continuing credit crisis mean structured products in a Ucits III wrapper appear set for an exponential increase in sales volumes. Emma Dunkley reports

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Mutual funds, unit trusts and Open Ended Investment Companies (OEICs) have long reigned over the retail investment landscape in the UK, while structured products have occupied a somewhat lower rung in the popularity stakes. Statistics seem to bear out the idea that funds are the vehicle of choice, with total funds under management in the UK reaching a record total of £410 billion in 2006, a figure

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