A volatile stockmarket and low interest rates will lead to a boom in structured products next year, administrator Opal says.
The firm claims it has been approached by a large number of companies looking for advice on entering the market, due to the poor returns available from other forms of investment. Investment providers are targeting savers receiving poor returns in today's low interest rate environment, and hope to tempt them with structured income products, the firm says. "A low interest rate environment, coupled with volatility in the equities and foreign exchange markets makes structured products more attractive. As a result we anticipate some major names launching new plans in 2009," says managing dir...
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