These structures enable investors to take exposure to the equity or FX markets by locking them in to buy fixed amounts of the underlying at a discount to the initial market price on a regular basis. These are very bullish products because if the market turns down investors are locked in to buying the shares or currency at the same value.
Matthew Wong Global Head of Retail Platform Distribution RBS Global Banking & Markets
Benjamin Pedley Senior Director, Head of Investment Strategy, North Asia HSBC Private Bank
Mark Wightman Head of Strategy, Asset Management, Asia Pacific SunGard