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Structured products

The end for ETNs?

The bankruptcy of Lehman Brothers has hammered home the importance of counterparty risk, fuelling dire predictions for the future of exchange-traded notes. But while some product issuers are retreating from the area, others remain optimistic. By Mark…

Structural shifts

The volume of structured products has declined dramatically over the past 12 months. With equity prices collapsing, some of those that are still investing are focusing on capital-guaranteed, income-generating structures. But do these products represent…

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