Income possible with NDF SP

The NDF reverse convertible contract will be unveiled on February 19 and according to Ian Lowes, managing director of Newcastle-based IFA Lowes Financial Management, makes income-focused structured products a reality rather than a concept. “I think providers have wanted to produce income products but the way they work has meant the option price has made it impossible. You need volatility to produce a good income product and that has often been in short supply.” Lowes argued “income-style” products launched in the past had their attractions but tended to fall short on closer inspe...