Thursday, June 23, 2011

FINANCIAL NEWS:Latest World Headlines: Shaw Capital Management | FSA issues warning on structured products

Structured products are increasingly being marketed by banks and wealth managers to consumers who are tempted by the headline rates on offer at a time when returns on cash are still close to zero.

Typical products will lock up capital for five years and offer investors a proportion of any return on the stock market over that period. But many “guaranteed” products in fact only protect capital if the stock market does not fall below a certain level over a certain period of time. 

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