Last year was a very challenging year for structured products providers, even for companies that offer a range of products ideally suited for falling and sideway markets.
From that perspective, 2022 was difficult for any assets under management (AuM) business that makes money from management fees such as issuers of leverage and inverse exchange traded products (ETPs) like GraniteShares. “We didn't escape that either,” Will Rhind, founder and CEO of ETP provider/fund manager GraniteShares, which has a range of leveraged and inverse products/funds listed in Europe, told SRP. A lot of our assets are in technology-based companies which saw a lot less t
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