Structured products provide a broad range of investment opportunities used by investors around the world looking for precise exposure, defined returns and risk control.

One of the most important design considerations for any structured product is to put together a compelling combination of underlying asset and payoff profile that is appropriate for the target market and investor base. Many different underlying assets are used in structured products markets, including direct equities, funds, currencies, interest rates and commodities. However, the most widely used group of underlyings consists of indices. There are various reasons for this, starting with the fa

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