A panel of market participants discussed why AMCs have become many investors’ product of choice.

Quick to set up, actively managed certificates (AMCs) combine the advantages of structured products with the flexible adjustments within underlyings. An AMC is a structured product wrapper, but it does not have the philosophy of a traditional structured product, as it has no option, no capital protection and no funding, according to Jean-Christophe Jouannais ( pictured ), director, sustainable engineer at Société Générale Private Banking. “An AMC is a product

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