Turcan Connell Chief Investment Officer, Haig Bathgate, comments on the use by banks and wealth mangers of structured products in a piece for the FT's Money section. Haig argues that given the complexity of these products"there's simply no way for the average man on the street to tell how much margin banks are taking out of these structures".
To read the full article, 'New rules for 'protected' investments' by Alice Ross, which appears on the Financial Times' website, please click here.
In a separate article for the FT, 'The true cost of your structured product', Haig provides an illustrative example of how the charges on structured products work in reality. To read this article on the FT's website, please click here.
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