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
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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