Date: 5th October 2016
Author:
Type: In the news
EuroFinUse was quoted by the Financial Times in relation to the European Securities and Markets Authority recent report on structured products. Following "relatively low” returns on investment in structured products over the past five years, ESMA is concerned that retail investors who invest in structured products that use hedge fund-type strategies might not have sufficient financial expertise to understand the total costs attached to the investment in such complex products.
Managing Director of EuroFinUse, Guillaume Prache, told FT that “there should be stricter controls on the sale of structured products to retail investors, as many of these instruments had failed to deliver real positive returns”.
Read the full article here