Structured Products Are More Available, but Awfully Confusing

BodieZviWall Street Journal (subscription required)
Zvi Bodie, School of Management

High yield plus protection of principal can be a hard combination to find. Increased access to so-called structured products gives independent investment advisers another place to look…

Expert quote:

“These structured products, used appropriately, are fine. It’s just that, in general, ordinary people have a hard time understanding the risks that they’re exposed to.”

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