Testing the waters

Pension funds

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Capital-guaranteed funds, equitylinked notes, funds-of-funds – products such as these have been snapped up by Europe’s yield-hungry retail investors for the past few years. But a new report is now recommending that pension funds should take a closer look at structured products as a means of resolving their asset/liability problems. It’s early days, but some pension funds have started to dabble in structured products, while a few dealers have begun to position themselves to take advantage of this

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