Buffer and defined-outcome ETFs are widening access to structured payoffs, but panelists said education, capacity and product design remain key challenges as the two formats increasingly converge.

Structured ETFs are expanding the market for packaged payoffs traditionally associated with structured notes, while offering advisers a more scalable way to incorporate options-based strategies into portfolios, according to speakers at SRP Americas. The appeal reflects an ageing investor base, pressure on traditional sources of income and advisers' efforts to diversify portfolios - Jacob Goldberg, BlackRock The panel, held on 23 September, brought together Chandler Nichols, VP and director o