Structured Products


Background

Structured products are appearing with increasing frequency as Retail Investment products (e.g. Guaranteed Investment Bonds or Precipice Bonds) as well as in a more sophisticated version, in pension, life and other institutional portfolios.

 

This course gives a good understanding of this class of products assuming only a reasonable basic securities knowledge (equities and fixed income).

 


Delegates

         Fund Managers with no knowledge of this area

         Stockbrokers

         Private Bankers

         Back & Middle Office staff

         IT staff

         Lawyers and Accountants (CPE/CPD credits)

         Commercial Bankers involved with retail investments

         IFAs

         Investment Bankers interested in adding these products to their own range of products



Course Content and Structure

 

Market Overview

-Growth of market

-Market Participants & Players

-Why SP are popular with investors

-Growth v. income products

-Mis-selling (FSA CP188 and SCARPs, Lloyds TSB and other 

precipice Bonds)

 

Background

-Basic product - growth and income

-Principal protection - how is it done?

-Participation - how is it done?

-High yields - how are they achieved?

 

Investors

-Retail

-HNWI

-Corporate

 

Popular Asset Classes

        

-Equity (index, basket, single stocks)

-Interest Rates, FX, Gold

-Inflation, house prices

-Unit Trusts (principal protected ISAs)

-Multi asset (e.g. Britannia Building Societys Footsie/Gold/Halifax

house prices)

 

Basics of Pricing

-Cost of principal protection

-Cost of Participation

-Cost of income option

 

Non vanilla products

-Capped calls, Knock outs, Cliquets

-Triggers, Dual currency deposits, corridors

-Precipice bonds

-Exotic products (Comets, Himalayas, Altiplano etc).

 

 

 

 




Todays Date:


Duration 1 day
Available as an in-house tailored course







Investment Education PLC
45 Old Hall Road, Manchester M7 4JF, United Kingdom
Tel:+44 (0)161 832 3800
Email: mail@investmentEducation.net
Registered in England Number 2129160
VAT Registered Number GB 480 2112 85



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