As a result of last week’s market swings some structures have breached their protection barriers prompting investors to unwind positions. SRP spoke to Marcel Tak (pictured), statutory director and fund manager of Bufferfund about the impact of the recent crash on its portfolio of structured products and the challenges and advantages of a high volatility environment.

Bufferfund, the Dutch open-ended investment fund, which invests in (capped) bonus and discount certificates listed in Germany, has been hit hard by the coronavirus storms that are currently plaguing financial markets. Its policy of continuously maintaining large protection buffers was ultimately not resistant against the market crash and the chaotic trading conditions. The fall in the financial markets was without precedent, according to Tak. “We have never seen such a radical shift from

Continue reading and get unlimited access for 7 days with a free trial of SRP.

Get a free trial

Already a subscriber? Login