The threat to fund managers

The rise of the structured products market has already forced some asset managers to change the way they do business. Is this relatively new market a direct threat to the traditional long-only manager? John Ferry reports

johan-gif
In July, the Bundesverband Investment und Asset Management (BVI), Germany’s trade association for the mutual fund industry, launched a broadside against the country’s structured products providers.

In a statement, the BVI complained that investors that buy certificates – the most common form of structured product sold to retail investors in Germany – are “totally exposed” to the price provided by the issuer. The BVI stated that the prices paid by investors are often above fair value, and it went

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net 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