This is principally a response to the demand from investors for steady returns in difficult market conditions, but also a function of the willingness on the part of some investment banks to launch products for pretty much any structured product promoter who fancies making money by selling investments to advisers around the world.
Readers won’t be surprised to hear that some investment banks are less scrupulous than they might be when choosing the products they get involved with. For this reason, it is important that advisers have a decent level of knowledge of structured products, and how to evaluate them.
