There are many ways to start a career in structured products, and a variety of different views of what are good products. In a series of interviews, SRP asks market practitioners to reveal their thoughts about the market and the path they have taken to become part of it.
Anna Pinedo, partner at Morrison Foerster in New York, answers the questions.
What sells better, protected or non-protected products?
We continue to see more interest in principal protected products.
What are the prospects in your market for the next 12 months?
In the US, we anticipate continued regulatory change as a result of the anticipated final Federal Reserve Board Tlac rules as well as tax developments.
What was your first job?
My first job (part-time) was, while in high school, research assistant at a consulting firm.
What subject did you study in higher education?
Political science and Asian studies.
Are structured products complex investments?
Many structured products may be considered complex; however, I would not say that all structured products should be considered complex investments.
What is the main benefit of buying a structured products?
Access to reference assets that otherwise may not be readily available to retail, and modified economic exposure to such assets.
Do you buy structured products, if so, which type do you prefer?
Structured CDs (certificates of deposit)
Which is the best structured products market?
Any structured by our clients.
What's the best structured product you have ever seen?
We'll never tell....
Bicycle or taxi?
New York City yellow taxi
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