Viewpoint

Capital secure products add value to portfolios

There is a new breed of structured products emerging and capital protection is the order of the day. Gone from sale are bonds marketed on headline rates alone. In their place, structured product providers, old and new, are creating new products to meet the needs of nervous investors that are simple, understandable and transparent, and offer the prospect of decent returns. It may be argued that the industry's focus may simply be reflecting consumer demand, but the shift is an important one. Criticisms of structured products are heard time and time again: they are all the same, high risk, to...